German Economics Minister Philipp Roesler has confirmed
the German government is in talks with EADS on the distribution of work and
research linked to the Airbus A350 XWB program.
Germany versus France. The Battle in Europe and in EADS
When asked if the German government was willing to provide a previously
agreed to EUR 600 million financing tranche set aside for the A350 project, Mr.
Roesler confirmed the credit line is being discussed and the distribution of
work and research in Germany are also a topic of discussion with EADS.
Mr. Roesler didn't explicitly say the EUR600 million funding was being
withheld, but people familiar with the federal economics ministry confirms the German government is supporting its own
national aviation industry for strategic reasons.
"Consenting to the financing clearly assumes Airbus will strengthen and expand its production capacities in Germany,
as the A350XWB program is primarily located in France," the German
newspaper Handelsblatt said.
The financing would be the second tranche of a EUR1.1 billion credit for
the development of the project.
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