Saturday, January 16, 2010

DTN News: EADS Says Ready To Negotiate Acceptable A400M Deal

DTN News: EADS Says Ready To Negotiate Acceptable A400M Deal *Source: DTN News / Int'l Media (NSI News Source Info) PARIS, France - January 16, 2010: Airbus parent EADS (EAD.PA) said on Friday it was ready to negotiate an "acceptable" funding deal for the troubled A400M military plane at a meeting likely to be scheduled next week. A spokesman said unior defence ministers were expected to meet again next week following talks held in London on Thursday. "We understand we will be invited. EADS will go there with the will to negotiate an acceptable solution," a company spokesman said. EADS has appealed to a group of European NATO nations for extra funds to build the delayed troop and heavy equipment transporter, but said earlier this week that negotiations on the price of the plane had ground to a halt. Germany, which has so far stood firm against financial relief, said on Friday buyers had agree don Thursday that they wanted the plane but "not at any price".

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