Reuters - 1 hour 53 minutes
ago
SINGAPORE, June 28 - Singapore Airlines <SIAL.SI>, the
world's most valuable airline by stock market value, said it had
received its fifth Airbus A380 superjumbo on Saturday.
The A380, the world's biggest passenger plane, will arrive in
Singapore on June 29, and will ply the carrier's Singapore-London
route except for the first week in August, when it will fly to
Beijing to meet higher passenger traffic during the Olympics,
Singapore Airlines said in a statement.
The delivery of the superjumbo comes after its maker Airbus
<EAD.PA> announced in May another delay in deliveries.
The planemaker has struggled to boost production as quickly as
it hoped, risking further penalty payments to airlines.
Airbus is trying to recover from two years of production delays
caused by problems in installing wiring on the mammoth doubledecker
planes.
Shares in Airbus parent EADS <EAD.PA> have dropped 44
percent this year while rival Boeing <BA> is down 22
percent.
Singapore Airlines said it has firm orders for another 14 A380s
and options to buy six more.