Airbus' defence arm says Berlin delaying exports worth billions

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Airbus' defence arm says Berlin delaying exports worth billions
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Slow German government export approvals are holding up Airbus Defence & Space defence exports worth several billions of euros, the company's chief executive said on Sunday, urging Berlin to speed up the process.

"We cannot put up with the constant delays . Planning security is essential," Schoellhorn said.

He said orders for several products, not only the A400M, were stuck with the government in Berlin but declined to give details - although he offered a rough estimate of the financial volume.On the loss-making A400M, Schoellhorn said he expected no further significant charges due to industrial problems in future if developments continued as they had in the past years, after AirbusHe added that the company should eventually receive partial payments that customers held back.

Asked whether in future space developments Europe will have to fall back on Elon Musk's SpaceX company following Airbus Defence & Space's loss of two satellites on a"Depending on the mission, we will have to temporarily use other launchers, whether they will come from SpaceX or somewhere else we will have to see," he said. "But we don't want to do this over the long haul.

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