Airbus plans to outsource 50% of A350 XWB development and will explore "a range of financing sources" to meet the expected €10 billion ($13.3 billion) in production costs for the program cleared by the EADS board late last week (ATWOnline, Dec. 4). EADS co-CEO and Airbus President and CEO Louis Gallois said at a Paris briefing yesterday that "global outsourcing and risk-sharing partnerships" will mitigate development costs, adding that the manufacturer is "actively in discussions with ...
Subscribe to Access this Entire Article
"Airbus to explore 'various' financing options for €10 billion A350 XWB" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
