Airbus seeks ?600m from Germany
BERLIN: Germany should pay the remaining ?600 million of a disputed development loan for Airbus's A350 passenger plane now the aircraft maker has allocated work to German employees, an Airbus executive said.
The German government had demanded that Airbus guarantee a certain amount of the work on the lightweight A350 plane would be done in Germany as a condition for paying out the remaining part of the loan.
Chief operating officer Guenter Butschek told newspaper Tagesspiegel that Airbus has now assigned 4,000 of the A350 jobs to Germany, 250 per cent more than targeted, while the German share of development was significantly above the one-third promised.
"We have, therefore, far exceeded our promises and believe there is now no reason to withhold the remaining payment," he said in an interview published on Saturday.
"The ball is now in the government's court," Butschek was quoted as saying. Reuters