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A380 at the end: Expensive repercussions for the taxpayer?

To the wide-bodied aircraft A380 may be several Hundred million Euro of taxpayers ' money at risk: Airbus, according to media, around a third of the state's c

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A380 at the end: Expensive repercussions for the taxpayer?

To the wide-bodied aircraft A380 may be several Hundred million Euro of taxpayers ' money at risk: Airbus, according to media, around a third of the state's credit reports until paid back.

Accordingly, Airbus by a state loan of approximately EUR 942 million from the year 2002 has not paid for the development of the A380, more than 600 million euros. The repayment of the loan is linked to the A380 deliveries. For each plane, which will pass to a customer, and pay back Airbus a fixed sum.

Because Airbus wants to build up to the year 2021, only 17 A380-machines and deliver, could it be that the taxpayer remained a large part of the loan amount sitting, reported the Newspapers of the Funke media group, citing a reply from the Ministry of economy to a request from the FDP group in the Bundestag on Monday.

the Federal government wants to wrote

check "The Federal government will analyze the effects of production stops now and then with the company to discuss, so that currently, there is no statement of any repayment claims made can be", state Secretary for Economic Affairs, Ulrich Nußbaum in his answer to the FDP question.

Further course information, to Airbus

Airbus had decided in mid-February, the former Prestige project A380 due to lack of demand and cost reasons, 2021. Previously, the largest customer, Emirates was bailed out. The last machine is to be delivered in 2021. Airbus draws the consequences from the downturn.

have to pay Airbus?

If Airbus does not need to pay back some of the money is in dispute. The aircraft manufacturer had put the view that the governments of the Airbus countries to support about the loans, the risk of the project.

lg/rtr

source: boerse.ard.de Atlas |Germany |Frankfurt am Main Dax: Rally is not a self-runner more the real estate company Gateway aims of the Frankfurt stock exchange, a special status for the Bayer cancer drug in the United States

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