PARIS -- European plane maker Airbus said Tuesday it has met its target of delivering 12 A380 superjumbos this year -- with just two days to spare.
In a bid to reassure customers, CEO Tom Enders had wagered reporters a magnum of Champagne during a September news conference that Airbus would reach its A380 target this year. No one accepted his bet. On Tuesday, in a statement, Enders announced, "we have met our 2008 delivery schedule." He thanked "a tremendous team effort." Image-tarnishing delays, technical problems and missteps dating back to 2005 slowed the plane's development. The final A380 delivered this year was handed over Tuesday to Dubai's Emirates airline, which has a total of 4 superjumbos. Singapore Airlines took an additional 5 A380s this year. Australia's Qantas received 3. Airbus has booked a total of 198 orders for the A380 from 16 customers.>To order reprints of this article, click here: ReprintsTheStreet Premium Services For Personal Service: 877-471-2967
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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