Airbus signs amended A400M deal with buyer countries


PARIS, June 14 (Reuters) - Airbus said on Friday it had signed an agreement with European buyer countries for a revised contract for its delayed A400M military transporter plane.

Reuters reported on Thursday that the parties had reached an agreement on a new contract.

Airbus said the agreement with OCCAR, which represents Germany, France, United Kingdom, Spain, Turkey, Belgium and Luxembourg, included key points such as new capabilities development plan, a new production delivery schedule and new financial terms.

"On the basis of this contract amendment signature, Airbus is fully committed to continue on this positive path and to providing its A400M current and future customers with the most powerful and technologically advanced military transport aircraft available on the market," said Dirk Hoke, Chief Executive Officer of Airbus Defence and Space.

This article appears in: World Markets , Stocks
Referenced Symbols: AIR

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