Airbus will move forward on 7E7 competitor
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Airbus has been given the go-ahead to develop a new jet designed to compete with The Boeing Co.&#39;s new 7E7, according to reports by The Associated Press Friday.
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Airbus sought to clarify its stance in Microsoft&#39;s European antitrust case yesterday, saying it&#39;s not taking the software company&#39;s side.
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Airbus has delayed a restructuring plan that was expected later today, saying European nations can't agree how to share work on its next aircraft, the wide-body A350.Comment
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PARIS : The European Aeronautic Defence and Space Company (EADS) will reach a decision on launching the A350, a possible competitor to Boeing&#39;s planned fuel-efficient 7E7, on December 10, a spokeswoman for the European consortium Airbus Industrie said.
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Less than a week ago, Spanish carrier Air Europa provided a coup to Airbus when it became the first airline to commit to buying the A350, the wide-body jet derivative being offered as a rival to Boeing&#39;s 7E7.
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The head of Airbus vowed to press ahead Wednesday with a radical restructuring at the struggling aircraft manufacturer, defying unions fighting massive cutbacks and insisting the company had to slim down.
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The company&#39;s CEO says an aircraft to compete with the 7E7 Dreamliner could be offered by the end of the year. Airbus SAS plans to challenge Boeing Co.
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The European aircraft manufacturing group Airbus believes it will benefit from a US decision to take a subsidy dispute to the WTO, since the move will destabilize development of the 7E7 by US rival Boeing, EU Trade Commissioner Pascal Lamy said here
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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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After European plane maker Airbus stole the limelight on the first day of the Paris Air Show, rival manufacturers are looking to make their marks during the remainder of the week-long event.
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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.
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The European aircraft manufacturer Airbus today announced plans for two versions of a wide-bodied passenger jet, which will see it go head-to-head with US competitor Boeing.
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European plane maker Airbus finally won approval to press ahead with a rescue plan on Monday, clearing the way for major job cuts and signalling an end to Franco-German tensions over the restructuring of the company.
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Airbus shareholders have approved the launch of a new passenger jet, aimed at challenging Boeing&#39;s 7E7. A spokesman for the European consortium says the new widebody â-he A-350 â -l be
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Airbus said it trailed Boeing Co. in logging new orders last year by a total of 72 civilian jets, but beat its U.S. rival in terms of deliveries.
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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.
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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.