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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 08.22.16

Airborne 08.23.16

Airborne 08.24.16

Airborne 08.25.16

Airborne 08.26.16

Airborne Hi-Def On YouTube

Airborne 08.22.16

Airborne 08.23.16

Airborne 08.24.16

Airborne 08.25.16

Airborne 08.26.16

Tweet Us The Coolest Things You See @OSH16!
#OSH16Coolest!

It's Alive!: AirVenture 2016 Innovation Preview on Vimeo!

It's Alive!: AirVenture 2016 Innovation Preview on YouTube!

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

Airborne 08.26.16: Citation Longitude Update, Falcon 9 Display, N Shore Heli Rte

Also: Aerosim Scholarship, Santa Monica Nonsense, Marine One, UAV Developer Kit, FAA Penalty, F-35 Weapons Test, Coastal Helicopters The Cessna Citation Longitude moves closer to i>[...]

Airborne 08.25.16: Airlander 10 Accident, M500 EASA Cert, Flying Car Frenzy

Also: Veterans Against Airshows, Redbird Migration 2016, Rocket Debris, Charles Taylor Award, Wayward Satellite, Norfolk International, Hawaiian Airlines It was only last week that>[...]

Airborne 08.26.16: Citation Longitude Update, Falcon 9 Display, N Shore Heli Rte

Also: Aerosim Scholarship, Santa Monica Nonsense, Marine One, UAV Developer Kit, FAA Penalty, F-35 Weapons Test, Coastal Helicopters The Cessna Citation Longitude moves closer to i>[...]

Prince Harry Helps Thwart Elephant Poachers In Africa

Flies Helicopters Over Liwonde National Park As A Spotter Prince Harry has traded his military uniform for a civilian flight suit, and most recently is assisting in an effort to th>[...]

ANN's Daily Aero-Linx (08.27.16)

Experimental Soaring Association Formerly known as the Sailplane Homebuilders Association, the ESA is a national source for information regarding the design, building and flying of>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC