Germany sticking to order for 60 A400M planes-official

SEVILLE, Spain, Dec 11 (Reuters) - Germany is sticking to its order for 60 Airbus A400M military transporters, a German government official said on Friday, despite widespread doubts about the delayed and over-budget project. However, Germany will not make any written financial concessions to Airbus's parent EADS (EAD.PA) and is keeping its right to cancel its contract until March 31.
Ruediger Wolf, a German state secretary, added that buyers of the A400M had reached an agreement on the way ahead for the 20 billion euro project, and EADS had until the end of the year to offer an official response to the agreement.
Earlier on Friday, the A400M made its first test flight. [ID:nGEE5B92LV] (Reporting by Sabine Siebold, Writing by Sarah Marsh)