Airbus gets go-ahead for new A350
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Airbus parent EADS  decided on Friday to go ahead with a new mid-sized jetliner to strike back at Boeing  in their fight for market share and restore pride shattered by delays to its A380 superjumbo.
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PARIS, Nov 29  - The European Aeronautic Defence and Space Company, parent of aircraft maker Airbus, will decide whether to launch the A350 aircraft, a possible competitor to Boeing&#39;s planned 7E7, on December 10, a spokeswoman for Airbus Industrie
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The board of directors at European aerospace group EADS have convened at company headquarters in Amsterdam, The Netherlands, and could approve the launch of the A350 XWB aircraft manufactured by its Airbus unit, sources close to the board said.
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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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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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Airbus put its stamp on aviation history Tuesday, unveiling the world's largest commercial jet and raising the stakes in its 35-year rivalry with Boeing Co.
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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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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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On Tuesday, Airbus will roll out the first A380 from its factory in Toulouse, France.
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Airlines gave a big lift to the order book for the next generation Airbus A350 today, announcing contracts for 114 of the planes on the first day of the Paris Air Show.
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European planemaker Airbus won approval from its shareholders on Friday to unleash a fresh marketing battle against arch-rival Boeing by seeking orders for a fuel-saving, wide-body jet to be called the A350.
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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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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 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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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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It is the twin-engine A350, not the delayed and much-publicized A380 superjumbo, that Airbus hopes will grab headlines at the Paris air show.
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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.