European aerospace giant Airbus said that talks are continuing with the four governments that make up the Airbus consortium over financing for the new A350 jetliner program, Dow Jones reported.
U. business secretary Peter Mandelson told a British parliamentary committee that the UK has made a fresh offer of financial assistance for the A350 project. He didn't specify what the offer was and Airbus declined to comment. "I can only confirm that talks with the four governments are ongoing," an Airbus spokeswoman said.
To date, only France and Germany have publicly pledged specific financial assistance toward the US$14 billion-$15.4 billion Airbus needs to get the A350 off the drawing board and into the air.
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