Airbus will defy U.S. block on A350 funds Headline here Head | Aviation International News

Airbus will defy U.S. block on A350 funds Headline here Head

Airbus will launch the A350 airliner in September regardless of whether the transatlantic trade dispute over airliner subsidies has been settled by then.

By Gregory Polek • Senior Editor

December 13, 2006

Airbus will launch the A350 airliner in September regardless of whether the transatlantic trade dispute over airliner subsidies has been settled by then. Airbus chief executive and EADS co-CEO Noël Forgeard yesterday admitted that the company did indeed delay the launch of the A350 to allow the subsidy negotiations between the European Union and the U.S. to advance further. He told a press conference here the new launch target of September is in fact tied to the October 5 expiration of the 1992 EU-U.S. bilateral agreement on subsidies for the aerospace industry.

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