EADS board OKs launch of A350 XWB airliner program

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3:39:12 PM ET=

EADS board OKs launch of A350 XWB airliner program=0A=0A=0A=0A3:39:12 PM ET=
 12/1/2006  =0ASAN FRANCISCO (MarketWatch) -- EADS (FR:005730) on Friday sa=
id its board has approved Airbus to launch the industrial program for the n=
ew A350 XWB airliner family. The Airbus A350 XWB will help the European pla=
ne maker to better compete with Boeing Co. (BA) in the mid-size, long-haul =
segment. The A350 XWB is going to be financed predominantly from the compan=
y's cash flows, according to EADS, which expects to spread the development =
costs of the full XWB family from 2007 to 2014, with the bulk of spending i=
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