EADS,
AMSTERDAM: The first flight of the A400M, until now planned before the end of 2008 will be postponed, because of the unavailability of the propulsion system.
The first flight actually depends on the results of the test campaign to be done on the flying test bed, which should start in the coming weeks, and on the readiness of the propulsion system.
Only after this, and further discussions with customers, the financial, technical and schedule implications can be reliably assessed. The 2008 guidance of the group is not changed.
EADS is a global leader in aerospace, defence and related services. In 2007, EADS generated revenues of EUR 39.1 billion and employed a workforce of about 116,000. The Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and EADS Astrium, the European leader in space programmes from Ariane to Galileo. Its Defence & Security Division is a provider of comprehensive systems solutions and makes EADS the major partner in the Eurofighter consortium as well as a stakeholder in the missile systems provider MBDA. EADS also develops the A400M through its Military Transport Aircraft Division.