Times Live: Airbus ready to retaliate for cancellation: report

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European aerospace group EADS is ready to retaliate against South Africa after the country canceled a contract to buy Airbus military planes and sought repayment of an advance, a press report said. The Tribune report said that the European Aeronautic Defense and Space Company was "seriously considering canceling most of the orders that have already been signed, worth about 400 million euros , in the framework of a partnership with (South African) industry (notably with the Denel and Aerosud groups) and which were linked to the contract to purchase eight A400Ms."