{"id":2100,"date":"2018-02-23T08:16:22","date_gmt":"2018-02-23T14:16:22","guid":{"rendered":"http:\/\/planesintheair.com\/?p=2100"},"modified":"2018-02-23T08:16:22","modified_gmt":"2018-02-23T14:16:22","slug":"european-governments-bail-out-airbus-a380-again","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=2100","title":{"rendered":"European Governments bail out Airbus A380 again"},"content":{"rendered":"<p>Airbus SE&#8217;s revised deal with the countries that helped fund the A380 superjumbo almost two decades ago will help save the European planemaker more than $1.4 billion, according to a regulatory filing.<\/p>\n<p>Future obligations for refundable advances declined by about about 17 percent to an estimated 5.9 billion euros ($7.3 billion), Airbus said in its annual financial statements published Wednesday. While the balance includes other items, the bulk of the discount came from revisions to the A380\u2019s outlook and talks to restructure the agreement.<\/p>\n<ul class=\"abstract\">\n<li class=\"abstract__item\">\n<div class=\"abstract__item-text\">Restructured terms made superjumbo viable at lower output rate<\/div>\n<\/li>\n<li class=\"abstract__item\">\n<div class=\"abstract__item-text\">Accord to save $1.4 billion facilitated order from Emirates<\/div>\n<\/li>\n<\/ul>\n<p>Click the link below for the full story!<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-23\/airbus-sheds-1-4-billion-owed-to-countries-in-new-a380-aid-deal?utm_source=yahoo&amp;utm_medium=bd&amp;utm_campaign=headline&amp;cmpId=yhoo.headline&amp;yptr=yahoo\" target=\"_blank\" rel=\"noopener\">Europe bails out A380 program<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-2101\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2018\/02\/qantas-a380-300x161.jpg\" alt=\"\" width=\"1127\" height=\"605\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2018\/02\/qantas-a380-300x161.jpg 300w, https:\/\/planesintheair.com\/wp-content\/uploads\/2018\/02\/qantas-a380.jpg 680w\" sizes=\"auto, (max-width: 1127px) 100vw, 1127px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airbus SE&#8217;s revised deal with the countries that helped fund the A380 superjumbo almost two decades ago will help save the European planemaker more than $1.4 billion, according to a regulatory filing. Future obligations for refundable advances declined by about about 17 percent to an estimated 5.9 billion euros ($7.3 billion), Airbus said in its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[75,47,41,207,571],"class_list":["post-2100","post","type-post","status-publish","format-standard","hentry","category-aviation-news","tag-a380","tag-airbus","tag-boeing","tag-france","tag-germany"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/2100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2100"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/2100\/revisions"}],"predecessor-version":[{"id":2102,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/2100\/revisions\/2102"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}