EADS co-chief open to Airbus A350 project

25th November 2004, Comments 0 comments

BORDEAUX, France, Nov 24 (AFP) - EADS co-chief executive Philippe Camus said Wednesday he was "favourable" to a possible A350 project at its Airbus unit to develop a competitor to arch-rival Boeing's super-efficient 7E7.

BORDEAUX, France, Nov 24 (AFP) - EADS co-chief executive Philippe Camus said Wednesday he was "favourable" to a possible A350 project at its Airbus unit to develop a competitor to arch-rival Boeing's super-efficient 7E7.

"The A350 project is being studied, we have several options ... there are a certain number of good plans that have been drawn up, we are going to make a decision very very quickly," he said.

Airbus chief executive Noel Forgeard said Tuesday the A350 project would be considered next week by EADS' board.

Forgeard said he was "reasonably optimistic" on the chances for the launch of the new A350 model.

EADS has an 80-percent stake in Airbus, and the rest of aircraft maker's capital is owned by British defence contractor BAE Systems.

© AFP

Subject: French News

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