BERLIN Oct 26 Germany should pay the remaining
600 million euros 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 Airbus had now assigned 4,000 of the A350 jobs to
Germany, 250 percent 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," he was quoted
A government spokeswoman was not immediately available to
comment on Saturday.
Butschek told the paper the A350 project was moving forward
without the loan and that the first plane was on track to be
delivered in the second half of 2014. The A350 is designed to
compete with Boeing's 787 Dreamliner and the larger