Airbus given go-ahead for A350 marketing
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Airbus was given the go-ahead yesterday by its shareholders - EADS and BAE Systems - to start marketing its planned A350 mid-range aircraft to airlines, heralding
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AIRBUS is close to ending the increasingly fevered speculation over whether it will launch a new aircraft in direct competition to the new Boeing 7E7 Dreamliner.
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Airbus might tap up to 1 billion euros ($1.25 billion) in controversial government loans to build a new A350 airplane model, which would be a rival to Boeing&#39;s new 7E7 jetliner.
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The board of EADS, the parent company of Airbus, the aerospace giant, will tomorrow give the green light to develop its new aircraft, the A350.
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Struggling European aircraft maker Airbus is now looking at brighter skies thanks to rapid strides in the application of a restructuring plan and a possible new order for its A350, the head of the company said.
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Diversified U.S. manufacturer Honeywell International Inc  said on Wednesday it signed a contract to provide three major systems for Airbus's new long-range, wide-body A350 aircraft, and expects to generate more than $16 billion in revenue over the projected 20- to 25-year life of the program.
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The owner of Airbus approves the building of the A350 jet and says it will fund most of the $13bn project itself.
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BAE Systems has announced that shareholders have backed the proposed sale of its 20-percent holding in troubled European aircraft maker Airbus to Paris-based peer EADS.
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SNIPING between Airbus and Boeing is heading for new levels after the European manufacturer&#39;s decision to take on the 7E7 &quot;Dreamliner&quot; with the A350.
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The European aircraft manufacturer Airbus took aim at rival Boeing with an announcement that it will go ahead and build the long-range, medium-size A350 to do battle with Boeing's 7E7 Dreamliner.
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Airbus majority owner EADS gives the go-ahead for the 3-4bn euro development of a jet to rival Boeing's planned 7E7.
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European plane maker Airbus, looking to restore credibility after an internal crisis that could benefit US rival Boeing, is set to unveil new design plans for its troubled long-haul A350 passenger jet.
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Airbus said Monday it wants suppliers to fund over 15 per cent of the cost of the A350 XWB mid-sized airliner, its US$15.4 billion answer to the Boeing 787 Dreamliner.Comment
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The board of European aerospace group EADS  appeared likely to approve the development of the Airbus A350, its latest design for a mid-sized jet after an earlier version failed in competition with Boeing's  future 787, sources familiar with the matter said.
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Airbus said Monday it wants suppliers to its A350 XWB mid-sized airliner to fund over 15 percent of the cost of the project, the company's 11.6 billion euro ($15.4 billion) answer to the Boeing 787 "Dreamliner."
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The board of European aerospace group EADS is to meet this Friday to discuss the launch of the Airbus A350 passenger jet amid wrangling over the financing of the project.
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TOULOUSE, France - Airbus hopes to get the green light within days to launch a new plane to rival to Boeing Co.&#39;s 7E7 &quot;Dreamliner,&quot; the head of the European planemaker said Tuesday.