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 aircraft in Mobile, Ala. Aerospace Daily quoted Airbus executive Domingo Urena as saying the company was re-evaluating plans to assemble a cargo version of the A330 in Mobile because of slow 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 previously said it would build the cargo planes in Mobile if it wins all or part of the tanker contract. (Source: Mobile Press-Register, 05/12/09)