Taiwan's state-owned Aerospace Industrial Development Corporation (AIDC) has decided to drop plans to take a risk-sharing role in the Airbus A380. The amount of investment, about US$100 to $120 million for a 1% share, was too large for AIDC, and the payoff too many years away, says company vice chairman Willy Peng. He says low sales forecasts for the A380 contributed to AIDC's decision to terminate the negotiations. AIDC signed a memorandum of understanding last year to become the first Asian company to take part in the development programme.
Source: Flight International
