Airbus to request more aid from Britain for A350 plane
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Troubled European aircraft maker Airbus could ask the British government for additional funding to help launch a revamped version of its 250-seater A350 jet.
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The news came as Airbus predicted that 17,300 new passenger and freight aircraft, worth $1.9trillion, were needed to meet global demand over the next 20 years.
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Airbus said Monday it will not seek government-backed financing for its new A350 XWB, avoiding another round of trans-Atlantic recriminations over aircraft subsidies.
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Airbus plans to source more parts for its planes from China and to establish an engineering base there, the head of the plane maker&#39;s Chinese operations said yesterday.
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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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Airbus signs a $16bn deal to supply 80 of its forthcoming A350 mid-sized aircraft to Qatar Airways.
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The European aircraft manufacturer Airbus is to launch a new plane, the A350, that will challenge the future Boeing fuel-efficient 7E7, Airbus owners EADS and BAE Systems said.
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Airbus on Monday postponed a major announcement on job cuts planned for Tuesday, saying European nations could not agree how to share the work on the planemaker's next aircraft, the wide-body A350.Comment
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European plane maker Airbus won approval from its shareholders on Friday to start a fresh marketing battle against rival Boeing by seeking customers for a new wide-body jet to be known as the A350.
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EADS is seen approving production of the Airbus A350 mid-sized jet to expand away from its troubled super jumbo.
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The owners of Airbus approved the launch of a new A350 passenger jet Friday to rival Boeing&#39;s 7E7, a spokesman for Airbus parent EADS said.
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Airbus  is considering extending its workweek to 40 hours from 35 hours without compensation as part of the European planemaker's restructuring plans, German magazine Focus reported.
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European aircraft maker Airbus SAS said it will apply for loans of up to &#36;1.24 billion from European governments to help finance development of its planned new A350 aircraft, the Financial Times reported Friday.
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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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Shareholders in Airbus SAS have approved the launch of a new A350 passenger jet to rival Boeing Co.&#39;s 7E7, a spokesman for Airbus parent EADS said Friday.
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PARIS : European aircraft maker Airbus aims to apply for loans worth up to one billion euros (1.24 billion dollars) from European states for its new A350 airplane program, chief executive Noel Forgeard was quoted as saying in the Financial Times.
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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.