No decision imminent on state finance for Airbus A350, says company
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European aircraft manufacturer Airbus is holding talks with partner European governments but no decision on state finance for the new A350 airliner programme is imminent, the head of Airbus has said.
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Australian travel retailer Flight  Center Ltd.  said its planned A$1.62 billion ($1.28  billion) management buy-out did not receive shareholder  approval at a meeting on Wednesday.
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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 announcement of its new mid-sized plane will heat up rivalry between Airbus and Boeing. The board of EADS, parent company of Airbus, is on Monday expected to approve plans for the long-awaited, $4bn-launch of a new mid-sized aircraft, the A350.
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Arguments over a rescue plan for Airbus could be decided by French and German government leaders on Friday amid warnings to politicians that cutbacks are now urgent despite conflicts over national interests.
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Airbus parent EADS  announced  further delays in A380 deliveries on Thursday, but said it was  too early to gauge the delivery schedule or any financial  impact from the latest setbacks to the superjumbo.
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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  is 90 percent certain to agree on Friday to  finance the launch of Airbus's planned A350 mid-size, long-haul  jet, a source close to the board told Reuters on Friday.
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PARIS  - European aircraft manufacturer Airbus SAS said Wednesday it still expects to receive government launch aid for its new A350 jet, a day after the EU and United States agreed to reopen negotiations on eliminating aircraft subsidies, averting a looming trade war.
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Airbus  said on Monday funding for its wide bodied A350 plane remained open and might include a capital hike but cautioned that one airline might cancel orders for the new aircraft.
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European aircraft manufacturer Airbus has delayed announcing details of its long-awaited rescue plan, pointing to renewed strains between Germany and France over where cuts will fall.
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The head of Airbus is not ruling out abandoning the Airbus A350 XWB project, a redesigned version of the planemaker's slow-selling mid-sized plane, because of the delays in the A380 superjumbo, the Financial Times reported.
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Airbus parent EADS EAD.PA confirmed   fresh delays to its A380 superjumbo on Thursday, but said it   was too early to say how long the third postponement in   deliveries would last or how much it would cost.
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The world's airlines were forced to  review growth plans on Wednesday after Airbus parent EADS   again pushed back first delivery of its troubled A380  superjumbo.
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Airbus is considering a transfer of A380 superjumbo production work to France from Germany and assembly of a planned A350 mid-sized jet could also be based at Toulouse, Chief Executive Christian Streiff said in an interview published Thursday.
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Australian travel retailer Flight Center Ltd.  said its planned A$1.62 billion ($1.28 billion) management buy-out did not receive shareholder approval at a meeting on Wednesday.
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The board of Airbus parent EADS   is expected on Tuesday to decide on a cost-cutting program and  assess the impact of the latest delay in its A380 superjumbo  plane, which one newspaper report said could now slow 2007  deliveries to just two aircraft.