EADS: Plans still on track

The European Aeronautic Defence and Space Co. on Monday refuted a published report that indicated the economy may force it to scrap plans to build cargo planes in Mobile, Ala. Aerospace Daily quoted Airbus executive Domingo Urena as saying the company was re-evaluating the plan to assemble a cargo version of the A330 in Mobile because of slack demand for the planes. EADS and teammate Northrop Grumman are competing for the Air Force contract to build aerial tankers in Mobile, Ala. The company had said in the past it would build the cargo planes as well if it wins all or part of the tanker contract. (Source: Mobile Press Register, 05/12/09)