EADS hit by Airbus freighter problems
EADS has declared that it is suspending work on a freight version of its A380 superjumbo and would focus on the main passenger version of the troubled project.
Doubts over the freight version of the A380 increased last week, after US courier firm United Parcel Service postponed its order for the plane.

Airbus confirmed earlier this week it was cutting 10,000 jobs across Europe.

The firm said on Wednesday that it would axe 8,300 jobs in France and Germany, as well as 1,600 staff in the UK and 400 in Spain.

Airbus has been struggling due to production delays to its flagship A380 passenger jet project, which has cost the firm about €5 billion ($6.6 billion).

Analysts said Airbus' move to suspend work on the freighter would come as welcome news to its competitor Boeing, leaving the US firm with no major competitor in the market for large cargo aircraft.
Back to News Review index page  

Lenovo recalls laptop batteries
Lenovo Inc has recalled 100,000 laptop computer batteries and has warned that they could overheat and cause a fire.

The batteries have been made by Japan's Sanyo Electric Co and have received four reports of overheating. In one case, a user suffered minor eye irritation, the company said.

Lenovo said consumers should stop using the recalled products immediately. It said the batteries can overheat if the laptop is dropped a certain way, striking the battery on a corner edge.

The advisory was made with the US Consumer Product Safety Commission. Last year's recall hit Sony's fourth-quarter profits and Sanyo may suffer similarly with this latest recall.
Back to News Review index page