Airbus plans to outsource an estimated USD$3.5 billion worth of work on its new mid-sized jet, dubbed the A350XWB, in a bid to cut development costs, according to a newspaper report on Tuesday.
Unnamed senior executives at the aircraft maker told the Financial Times that Airbus hoped to raise the proportion of outsourcing on the project to near 50 percent from 30 percent.
EADS, the European aerospace group, is expected to decide in the coming weeks whether to continue with the multi-billion dollar A350XWB project, according to the FT.
The future of Airbus has been clouded by the announcement of costly delays to its flagship A380 superjumbo program and doubts about whether it can launch the A350XWB.
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