|
|
Article: Airbus Expects A350 Aid Despite Pact
- Article from:
- AP Online
- Article date:
- January 12, 2005
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
|
LAURENCE FROST, AP Business Writer
AP Online
01-12-2005
Dateline: 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.
Noel Forgeard, chief executive of the European aircraft maker, made the comments during a Paris news conference at which Airbus also said it outsold archrival Boeing Co. in 2004 and expects to do so for a third straight year in 2005.
"The basis of the agreement is not that there will be no support," Forgeard said.
European Union Trade Commissioner Peter Mandelson ...