[MrDK]

It is going to be interesting to see how and if the A380 project survives. First of, I think it will survive, but it is going to be a rough road for Airbus S.A.S.

So far the project is 2 years behind schedule; last one-year delay due to wiring problems. A one-year delay at the design stage for wiring is major. Nothing compared to similar problem that Boeing faced (767) with overloaded entertainment systems that brought down Swiss Air 101 near the Canadian coast.

Besides all the issues of airport modifications that are necessary to accommodate planes, passengers and luggage (+cargo); one of the bigger advantages of the A380 is the cargo capability where cost per weight is key. In the immediate future there are only 3 companies that can justify the A380F: FedEx, UPS and DHL. FedEx has canceled its order for 10+15 planes. UPS once announced cancellation of 10+15, then renounced it were reconsidering. DHL never (I believe) placed orders for A380. The net result could be that it will be a long time before A380F will fly (Est 2014).

Other airlines have canceled orders. Emirates (the largest buyer) has canceled or delayed orders for up to 43 planes. Singapore Airline have threatened (probably will not) to cancel. At the least Airbus has had to (or will) settle with many customers in the order of billions of dollars.

This project has taken it's toll on Airbus, including a complete management restructure. While I do think the A380 ultimately will eventually be a success it has allowed, and will continue to allow, Boeing to focus on less prestigious, but more profitable ventures, such as the 787, a future replacement for the 737, regional jets to compete with Canadair and Embraer and military projects.