[Boveosteors]

And listed here is today's WSJ report about the renovated A350 being up in the air because of the A380 issues. When the A350 slides its routine, Boeing will begin eating Airbus's lunch using the Dreamliner. Why EADS's Growing Pressures May Further Hamstring the Company By DANIEL MICHAELS Oct 5, 2006; Page A2 London -- Already stuck with price overruns for delays on the A-380 superjumbo, additional costs are now faced by Airbus parent EADS applying possible fee payments and a brand new restructuring strategy on still another jetliner plan, the long-haul A350. Space Co. & European Aeronautic Defence, which possesses 800-900 of Airbus, has reduced its operating-profit outlook by 4.8 billion ($6.11 billion) through 2010 due to a delay in production and supply of the A380 two-deck airplane. Attempting to draw a line under Airbus's commercial issues, EADS this week announced a significant restructuring strategy targeted at enhancing the European aircraft maker's procedures. But implementing the program will probably boost the economic press EADS people within the next four years. EADS ideas to provide information on its eight-point program, named Power8, early next year. However actions to enhance long-term performance, such as for instance layoffs, production overhauls and factory closures, often improve short term costs, experts say. Such steps might experience opposition from European politicians worried about labor unrest and job losses. Airbus also faces other, and unquantified, costs associated with delays on still another plane task -- the recommended A350 long-range wide-body plane. Preliminary plans for the planned A350, that was promoted to vie against Boeing Co.'s strong-selling 787 "Dreamliner," disappointed many potential prospects. By spring, Airbus closed company agreements for 150 A350s, that was designed to enter service this year. But client dissatisfaction with the initial A350 design caused Airbus to overhaul it. In July, the company introduced a modified edition of the aircraft, named the A350 XWB. During the time, Airbus said EADS would provide the natural light to creation of the airplane this month and that it'd enter support with airlines in 2012. The wait might induce fines around the 150 company purchases, industry experts say. Now, amid the present uncertainty, it's also uncertain if the new A350 routine is likely to be preserved. An EADS spokesman declined to review. Experts can just only calculate what slippage within the routine may charge EADS. They anticipate from 300 million in potential A350 agreement deficits to 500 million. As the degree of EADS's problems increased better, investors in Britain's BAE Systems PLC overwhelmingly approved the purchase of its two decades position in Airbus to EADS for 2.75 million, not surprisingly. BAE Chairman Dick Olver told a gathering of BAE investors that the panel can be involved about the possible money needs for the Airbus company in-the medium term. EADS appreciates its economic press. EADS's unexpected strain on money gift suggestions "a substantial challenge," EADS Finance Chief Hans Peter Ring said. EADS, which has small debt and has held an optimistic income place since its development in 2000, is placed to put on Oct to a buyer meeting. 19 to revise its economic outlook. Political resistance have been met by the Power8 plan. German Finance Minister Peer Steinbrueck named on EADS to not upset the equality inside Airbus. "The European balance of-the organization, regarding its creation and the present jobs, mustn't be improved to the problem of Germany," recently he explained. --Rod Stone in London and Andrea Thomas in Berlin led to the post.