Super Airbus to create 10,000 UK jobs

A NEW European super-jumbo aircraft, code-named the Airbus A3XX, will create around 10,000 highly-skilled and highly-paid jobs in the UK, and protect a further 40,000 in more than 400 UK companies, Airbus Industrie chief executive, Noel Foregeard, claimed at the Farnborough Air Show yesterday.

The new double-decker aircraft, carrying 480-600 passengers, could be in service in 2004, he said. Over the next 20 years there will be a market for more than 1,300 aircraft, worth more than pounds 200bn.

Dismissing claims from rival manufacturer Boeing that there is no need for such a large aircraft, Airbus said that from 2004 onward the A3XX is set to become the standard-setter for long-range travel.

The new airliner is vital to the future of the Airbus consortium, Mr Foregeard said. The economic benefits of the project would last for 40 years and bring in nearly pounds 20bn in export orders.

Earlier the German economics minister, Gunther Rexrodt, said the German government would like to see the super-jumbo jet built in the east German city of Rostock.

Plans to convert Airbus from a partnership into a single limited company which could be floated on the stock markets have slipped until the middle of 1999, Mr Foregeard said.

The plans have been held up by the reluctance of two of the partners, BAe and Daimler-Benz Aerospace, to form a joint company before the third key partner, Aerospatiale, is privatised. But a DASA spokesman yesterday denied French fears that it would merge with BAe without Aerospatiale.

Airbus yesterday confirmed a 3 per cent rise in its aircraft prices to follow a 5 per cent increase announced by Boeing.

Harry Stonecipher, Boeing's president, yesterday apologised to customers for delayed deliveries which he blamed on the company's arrogance and self-satisfaction.

Start your day with The Independent, sign up for daily news emails
News
ebookA unique anthology of reporting and analysis of a crucial period of history
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is a mul...

Guru Careers: C# Project Team Lead

£55 - 65k (DOE): Guru Careers: A unique opportunity for a permanent C# Develop...

Guru Careers: Graduate Editor / Editorial Assistant

£16 - 20k: Guru Careers: A Graduate Editor / Editorial Assistant is needed to ...

Guru Careers: Software Developer / C# Developer

£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

Day In a Page

Raif Badawi: Wife pleads for fresh EU help as Saudi blogger's health worsens

Please save my husband

As the health of blogger Raif Badawi worsens in prison, his wife urges EU governments to put pressure on the Saudi Arabian royal family to allow her husband to join his family in Canada
Birthplace of Arab Spring in turmoil as angry Tunisians stage massive sit-in over lack of development

They shall not be moved: jobless protesters bring Tunisia to a halt

A former North African boom town is wasting away while its unemployed citizens stick steadfastly to their sit-in
David Hasselhoff's new show 'Hoff the Record': What's it like working with a superstar?

Hanging with the Hoff

Working with David Hasselhoff on his new TV series was an education for Ella Smith
Can Dubai's Design District 'hipster village' attract the right type of goatee-wearing individualist?

Hipsters of Arabia

Can Dubai’s ‘creative village’ attract the right type of goatee-wearing individualist?
The cult of Roger Federer: What is it that inspires such obsessive devotion?

The cult of Roger Federer

What is it that inspires such obsessive devotion?
Kuala Lumpur's street food: Not a 'scene', more a way of life

Malaysian munchies

With new flights, the amazing street food of Kuala Lumpur just got more accessible
10 best festival beauty

Mud guards: 10 best festival beauty

Whether you're off to the Isle of Wight, Glastonbury or a local music event, we've found the products to help you
Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf