Airbus Penalized $14 Million Over A400M Delayed Delivery By Germany
Germany has fined Airbus $14 million for the delayed delivery of two A400M military transport planes due this year.
The sum relates to two planes that the German Air Force was supposed to receive by the end of this year, according to a letter from Deputy Defence Minister Ralf Brauksiepe to the rapporteur of the Budget committee.
Germany has ordered 53 of the planes and the German armed forces currently only have one in operation. The army was due to receive five this year, but will now only get one or two, Reuters reported Friday.
The Airbus would have to compensate the government for the delays, German magazine Spiegel originally reported.
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