Airbus remains committed to A400M despite crash
Source: BBC
Four airbus employees were killed and two seriously injured when an A400M plane crashed on a test flight.
Shares in the aerospace and defence firm have fallen 4.5% in Paris to 60.54.
All A400M aircraft have been grounded but Airbus says it will press ahead with a test flight on Tuesday.
In a letter to staff seen by the Reuters news agency, Tom Enders said testing would go ahead as planned to "demonstrate to our customers, the air forces, that we fully trust this great transport plane and are as committed to the programme and the further ramp-up of deliveries and capabilities as ever".
Mr Enders asked staff to observe a minute's silence at midday for the two test pilots and two engineers who lost their lives on Saturday.
The A400M was developed at a cost of 20bn ($22.3bn; £14.5bn) to give Europe's NATO partner independent access to heavy aircraft for military and humanitarian operations.
But it has been hit by delays and cost overruns. European governments injected more money into the project in 2010. But further delays and technical problems resurfaced last year, leading to management changes.
Read more: http://www.bbc.com/news/business-32688926
I'm glad the US didn't go choose this plane inspite of efforts to buy it.