The A400M remains a troublesome program for Airbus, which presentend its annual financial figures on Wednesday 22 February. The company’s profits shrunk by 63 percent to 995 million EUR in 2016, largely caused by continued delays in A400M development and production.
Last year, Airbus paid 2.2 billion EUR in charges over the delays, adding to charges worth billions of euros already paid in the past. Airbus is encountering fresh problems involving the A400M’s capability to carry and drop troops and military equipment.
The A400M is regarded as Europe’s largest defense program, with France, Germany, the UK, Belgium, Luxembourg, Spain and Turkey buying the aircraft to expand their military airlift capability. Germany especially is unhappy customer, reportedly encountering many problems with its A400Ms. So far, Malaysia is the only non-European buyer, although Indonesia now appears to show interest also.
In 2016, Airbus delivered a total of 17 A400Ms, against 11 in 2015. The aircraft manufacturer says it is continuing with improvements in A400M development and production. The company also aims to reduce risks surrounding the program, and furthermore seeks talks with customers to avoid growing charges.
© 2017 Airheadsfly.com editor Elmer van Hest
Featured image: The first Malaysian Air Force A400M in flight on 30 January 2015 (Image © Airbus)