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Expert Analyses of the following article:

EADS expects further costs for A400M delays

Source: www.reuters.com
November 6, 2007
EADS: losing my mind...
Author: GLG Expert Contributor
After its widely expected delay announcement for the A400M two weeks ago, came today the financial implication for this  programme. EADS expects to be in need of a sum of 1.2 to 1.4 bn Euros related to the programme, in part due to revised delivery schedules. EADS continues to point out that this amount allows for further slippage of up to another six months, but doesn't include unknown snags...
Doug McVitieNovember 5, 2007
EADS suspends profit guidance
Author: Doug McVitie, MA, Founder & Chief Consultant, Arran Aerospace
Trying to draw the sting out of its November 8th 3Q07 results, EADS today announced further problems with its military airlifter, the A400M, noting a provision for up to $2 billion in expenses as well as additional future potential delays and extra charges. The full-year earnings forecast for 2007 has been withdrawn.

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