Saudi-US Council meeting aims to enhance trade and investment cooperation    Jeddah Season 2024 kicks off with spectacular activities    NIDLP report: Saudi non-oil exports surpass SR206 billion in 2023    Deputy FM Al-Khereiji receives envoys of France, Netherlands and Syria    Saudi consuls general-designate to New York and Suez take oath before FM    Vision 2030: Pioneering progress and transformation in Saudi Arabia    Biden's debate performance sets off alarm bells for Democrats    Reformist doctor running for presidency gives new hope to young Iranians    EU warns Georgia's NGO law is blocking its path to joining    China honors woman who died saving Japanese family    Indonesia's hijab-wearing metalheads play Glastonbury    Saudi Arabia pitted against Japan and Australia in World Cup qualifiers    NMC: Dammam records half the boiling point in the shade with 50 degrees    Nacho Fernandez joins Al-Qadsiah after leaving Real Madrid    Saudi Arabia's trade surplus hits highest annual amount of SR41.41 billion in April    Australian 'swimming queen' Campbell retires    Artwork now most valuable Harry Potter item ever sold    Arundhati Roy wins PEN Pinter Prize for 'powerful voice'    Traditional dishes enhance Al-Baha region's culinary appeal    Al-Sheikh: 'The Venue' will host Esports World Cup final    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Embracing change: A journey towards inner peace    JK Rowling in 'arrest me' challenge over hate crime law    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



EADS: Mideast not excluded in links-up
Published in The Saudi Gazette on 14 - 07 - 2008

Marwan Lahoud, head of strategy at the European aerospace group EADS, on Sunday said he did not rule out forging links with companies in the Middle East.
“It would be silly from our side to exclude any of the options of this kind,” he told an EADS seminar at the weekend organized ahead of the Farnborough International Air Show, which opens Monday.
“They are investors, they are customers. They are willing to grow local industry. So all this is good for us, providing we find the right deal,” Lahoud said when questioned about the possibility of link-ups with Middle East companies.
Last November Lahoud indicated that EADS and one of the chief investment funds in the Middle East, Mubadala, based in Abu Dhabi, were in talks to manufacture plane parts in the rich emirate.
He told the Gulf News at the time that the talks were about carbon fiber, which he described as one of the key elements in the future of civil aviation.
Meanwhile, Bombardier formally launched a new 110-130 seat airliner, the CSeries, on Sunday in a bid to challenge Airbus and Boeing in one of their core markets.
Announcing the long-awaited launch on the eve of the Farnborough air show, the Canadian company said it had selected Mirabel near Montreal as the site to assemble the planes, which will enter service in 2013.
Mirabel had been competing with Kansas City, Missouri.
Launch customer Lufthansa has provisionally ordered 30 planes with an option for 30 more, Bombardier said in a news release. The CSeries will sell for $46.7 million each.
The aircraft marks a branching out from Bombardier's current lines of regional jets and turboprops, which hold up to 100 or 80 passengers respectively.


Clic here to read the story from its source.