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Airbus faces cash headache, lengthy talks over A400M delays

Published Sun, Apr 2, 2017 · 09:50 PM
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Berlin

AIRBUS faces a cash squeeze and months of uncertainty over its troubled A400M troop plane after buyer nations upheld penalty clauses for delays to Europe's largest defence project.

The Toulouse-based group has called for help on the 20 billion euro (S$30 billion) programme as it continues to encounter technical problems, seven years after winning a 3.5 billion euro bailout from seven Nato nations.

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