Report: Airbus Aims to Trump Boeing's 7E7
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Airbus is designing an aircraft to  compete with Boeing Co.'s planned 7E7 wide-body jetliner that  would carry more passengers and fly further than the U.S.  plane, the Wall Street Journal reported on Tuesday, citing  people familiar with the plans.
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U.S. aircraft fuselage maker Spirit AeroSystems Holdings Inc.  is eyeing plants that European planemaker Airbus is selling as part of a restructuring aimed at lowering costs, a German paper said.
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PARIS/TOULOUSE, France  - Airbus is eager to  produce a rival to Boeing Co.'s new 7E7 passenger jet and hopes  to make an announcement by the end of the year, the European  planemaker said on Tuesday.
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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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The French government plans to merge Airbus parent EADS with Thales, the country's largest defense company, to create a new European giant to rival Boeing Co., a leading financial daily reported Friday.
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Airbus, the world&#39;s biggest maker of commercial aircraft, forecast yesterday that airlines will need 1,902 jumbo planes over the next 20 years -- more than double the forecast of its rival, The Boeing Co.
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AIRBUS is poised to thrash archrival Boeing this year in the cut-throat battle to supply the world&#39;s airlines with commercial jets, the European manufacturer&#39;s parent company said today.
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Boeing expects to have 200 orders by the end of the year for its 7E7 Dreamliner -- a rival to EADS&#39; Airbus A350 long-haul passenger jet -- the Boeing marketing director was quoted as telling German paper Handelsblatt.
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Shares of Airbus parent EADS rose after a report that the company's board will approve the launch of a new mid-sized jet to rival Boeing Co.'s 787 Dreamliner at a meeting Friday in Amsterdam.
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Unwilling to concede any corner of the commercial-airplane market to Boeing, Airbus yesterday formalized plans for a new jet that will compete head-to-head with the 7E7.
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The Boeing Co. is welcoming a decision by its European rival to build a plane that can compete with the Chicago company&#39;s 7E7.
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The co-head of European  aerospace firm EADS  admitted its Airbus unit had  clearly underestimated archrival Boeing  and said the  priority was to fix problems at Airbus, which is trailing its  U.S. competitor in aircraft sales.
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Two of Germany's seven Airbus plants are to be sold as part of a restructuring programme designed to cut costs at the European planemaker, the newspaper Bild reported Tuesday.Comment
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Spanish airline Iberia may switch to Boeing when it comes to renew its longhaul fleet, breaking a 10-year exclusive relationship with European manufacturer Airbus, a Spanish newspaper has reported, citing unnamed top management sources.
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Planemaker Airbus said on Friday it had  raised its expected deliveries target for 2004 to as many as  320 planes and might tap up to 1 billion euros ($1.24 billion)  in controversial government loans to build a new model.
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The cost of developing Airbus's new A380 super-jumbo will be much higher than planned, but the European Aeronautic Defence and Space Company (EADS) still hopes to meet or exceed its earnings forecasts this year.