Thursday, February 4, 2010

Indonesia is potential market for A400M - EADS

Defense News ~ SINGAPORE, Feb 4 (Reuters) - Indonesia could be a market for the troubled Airbus military transport plane, the A400M, a senior company executive said on Thursday.
"Yes, Indonesia could be a potential market for the A400M," Christian Duhain told reporters on the sidelines of the Singapore Airshow.
Southeast Asia's largest economy is looking to renew its C-130 fleet of military transporters, which could be an opportunity for the European defense and aerospace firm to secure more deals for them in the region.
Malaysia has four A400M planes on order.
Talks between Airbus parent EADS (EAD.PA) and main buyers of the A400M -- Britain, France, Germany, Spain, Belgium, Luxembourg and Turkey -- broke off last week over a 2.4 billion euro ($3.4 billion) gap in the amount of money each side is prepared to invest in completing development of the plane.
Negotiations will resume in Berlin on Thursday.
(Reporting by Harry Suhartono, editing by Raju Gopalakrishnan)

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