E-MAIL THIS LINK
To: 

Snakes on the plane: Airbus could delay launch of A350
European aircraft maker Airbus, which faces delays to production of the A380 super-jumbo, may be forced also to delay the launch of its long-haul A350 jet, London's Times newspaper has said. The new setback was because Christian Streiff, set to be confirmed as the new Airbus chief executive, needed time to approve the venture, the newspaper said citing sources close to EADS on Friday, which owns 80 percent of Airbus. The group has been busy redesigning its A350 model, a new mid-sized airliner that has been poorly received by potential clients.

According to The Times, sources close to the European Aeronautics Defence and Space Company have warned that Streiff may not make a decision by the company's deadline of the Farnborough Air Show in England which runs from July 17-23.

Streiff, the former deputy chief executive of French construction materials giant Saint-Gobain, was nominated as Airbus boss last week after his predecessor Gustav Humbert was ousted because of delays to the flagship A380. However, the daily newspaper said that his appointment was not expected to be confirmed until next week -- around the same time that Airbus was understood to have scheduled meetings formally to approve the A350 plane. "There is a possibility of him (Streiff) saying the A350 project is too much for him to give an OK when he is just days into the job," the Times quoted an anonymous source as saying.

The A350 jet carries at least 250 passengers and will compete with Boeing's new 787 aircraft which has been dubbed the Dreamliner. The 787, which has a capacity of 250-300 passengers, has attracted 350 orders since its commercial launch in 2004 compared with about 100 for the A350, which was launched by Airbus as a competitor to the Boeing plane.

In a severe blow for the company, Airbus reported on June 13 that it had experienced problems with the production of its A380 model, its flagship product which is set to become the biggest civilian airliner in the world when it finally enters service. The problems, which arose from problems in installing wires and cables, led to the departure of Humbert and are set to cut the number of deliveries of the A380 in 2007 to nine instead of 20-25.

Airbus, caught in a storm of bad publicity, has been trounced by US rival Boeing since the start of the year according to figures showing orders received by the two companies. The figures, calculated by AFP, show that at the end of June Airbus had received only 142 orders since the start of the year compared with 445 for Boeing.
Posted by: Seafarious 2006-07-07
http://www.rantburg.com/poparticle.php?ID=158508