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Old 23rd Feb 2010, 07:30
  #698 (permalink)  
ORAC
Ecce Homo! Loquitur...
 
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France warns EADS not to expect more aid on A400M

European defense and aerospace giant EADS should not expect any more government money to help salvage the over-budget A400M military transport plane, the French defense minister said Monday.

Herve Morin said customer governments had responded in writing Friday to EADS CEO Louis Gallois, after the company made a new offer to help resolve that funding issues that are plagued the plane's development.

"(The letter) said simply to Mr. Gallois, 'Here's what we've said, here's what we've confirmed, and don't expect any more,'" Morin told reporters of the latest to and fro communications between the two sides...........
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