On Second Thought: Airbus Will Accept 'Legally Binding' Funding For A350 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 04.20.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.19.17

Airborne
04.20.17

Airborne
04.21.17

Airborne-Unmanned 04.18.17

Airborne-YouTube

AMA 04.20.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.19.17

Airborne
04.20.17

Airborne
04.21.17

Airborne-Unmanned 04.18.17

Sun, Oct 09, 2005

On Second Thought: Airbus Will Accept 'Legally Binding' Funding For A350

Move Contradicts Earlier Remarks Of No Government Launch Aid

Less than 48 hours after asserting there were no plans (at the time) to accept subsidies for its new A350 airliner, Airbus representatives announced Friday the European consortium had received "legally binding" government funding for the launch of its new Boeing 787 competitor.

US diplomats in Geneva made no public response to Airbus CEO Gustav Humbert's announcement the company has received commitments for funding on the A350 from all four governments with a stake in Airbus -- France, Germany, Britain, and Spain, according to the Associated Press.

The Airbus announcement seemed to contradict an earlier statement, reported in Aero-News, by Airbus parent company EADS that there were no current plans to accept government launch subsidies for the A350 program.

EADS called its decision Thursday, announced at the same time the A350 (file photo, right) was approved for production by EADS board members, "a new window of opportunity" into diffusing the tense legal battle, currently being played before the World Trade Organization, between the European Union and US over government subsidies of its respective countries' aircraft programs.

The Thursday announcement was met largely by silence from US representatives, an indication perhaps to Airbus it wasn't worth foregoing the government aid in order to win negligible points with the WTO.

French Transport Ministry spokesman Arnaud LeBlanc said his office had signed an agreement to grant launch aid to Airbus for the A350, "without specifying the timing or the amount." He added this plan leaves room for negotiation with the US.

The A350 is a medium-size long-range airliner designed to rival Boeing's similar 787 Dreamliner. Airbus plans to launch the A350 by 2010, two years after Boeing begins customer deliveries of the 787.

FMI: www.boeing.com, www.airbus.com

Advertisement

More News

AMA Drone Report 04.20.17: Phantom 4 Advanced, NJ NIMBYism, AMA-DJI Team Up

Also: AUVSI XPO17 LIVE!, Steady Drone Sales, Drone v Shotgun... DJI’s new Phantom 4 Advanced offers a more powerful camera and more upgraded controls. The new upgrades the or>[...]

Airborne-Unmanned 04.18.17: Drones v Volcanoes!, Boston Marathon UAVs, XPO-LIVE!

Also: State Pavilions at XPONENTIAL, MQ-8C Fire Scout, Puma UAS, Drone Bust Drones DO wind up in some of the most amazing places... As evidence by the Universities of Bristol and C>[...]

Airborne 04.21.17: Gulfstream G280, Airport $$ Abuse, Boeing Jobs

Also: Drone Power, Jerkwater Drone Regs, CBP, Wichita UAS Mtg, Cessna Accident, Co-Pilot SNAFU, Atlas Air-Polar Air Gulfstream’s super mid-size G280 recently completed two mi>[...]

RFP: ANN Considering Future Options For HQ Relocation

Some Aggressive Upgrades For ANN, Aero-TV, and Airborne May Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off somethi>[...]

Aero-News: Quote of the Day (04.24.17)

"We understand that the hearing will be 8 days before the Planes of Fame Air Show and we want to assure you that your overwhelming support throughout this situation has strengthene>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC