EADS board convenes on A350 launch
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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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PARIS  - 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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Airbus has received approval from its shareholders, EADS and BAE Systems to begin making firm commercial offers to launch customers for two new members of its wide-body Family.
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Airbus handout released shows a computer generated image of the Airbus A350 XWB.Comment
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The board of Airbus parent EADS was meeting Friday as its shares soared on a report that directors had agreed to approve the launch of a planned mid-sized plane to rival Boeing's 787.
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The new chief executive of European airliner manufacturer Airbus is set to present a vast restructuring plan for the group to the board of parent company EADS, union sources told AFP.
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EUROPEAN aircraft maker Airbus hopes to win up to 50 orders for its new wide-body A350 by next June. The 4 billion ($A7 billion) A350 -- a spin-off of the earlier A330 -- is Airbus&#39;s response to Boeing&#39;s first
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Airbus parent EADS  on Monday postponed a major restructuring announcement planned for Tuesday, saying its European political backers could not agree on how to share out construction of its future A350 aircraft.
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Major job cuts at Airbus may be up for debate at a company board meeting, a main union at the planemaker warns.
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DaimlerChrysler  (DCXGn.DE) could announce the transfer of shares in European  aerospace group EADS   to a financial  consortium as soon as Friday, industry sources said.
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Airbus say it is 'business as usual' at its plant in Flintshire as staff wait to hear if they will be affected by delays in the A380 aircraft.
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Airbus parent firm EADS   will complete its review of the challenges it faces within  weeks, Co-Chief Executive Louis Gallois said on Thursday, while  dismissing negative comments from BAE Systems.
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The co-chairmen of European aerospace group EADS issued a sharp statement saying that the company would remain under the control of its founding shareholders.
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Nearly 500 employees of the European aircraft manufacturer Airbus have taken off aboard the company's A380 superjumbo at the start of a series of trials to test the new plane's passenger arrangements.
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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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The two co-chief executives of European aerospace group EADS are to begin on August 27 the new roles given them under a management shake up announced this week, the company said on Friday.
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EADS co-chief executive Thomas Enders hinted that a British representative would be welcomed on the board of the company even if BAE Systems sells its 20 percent stake in Airbus.