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1/5/10

A400 has no competitor and could become very profitable : Airbus Raises Stakes In A400M talks


A leading European defence industry watcher said governments and Airbus had come too far, since the unifying defense project was first was conceived 25 years ago, to allow it to fail. They would therefore most likely patch over their differences while blowing some tough rhetoric along the way. "I think it is mainly sabre-rattling to get the best possible revised deal from governments, but Germany needs the planes more than most," said Howard Wheeldon, senior strategist at BGC Partners in London.

"I don't think there are grounds to cancel the plane now because it has flown and has moved a big step forward," said Wheeldon who had been one of the programme's strongest critics.

For the complete report: Airbus Raises Stakes In A400M Row - NYTimes.com

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