Facts on the Airbus A400M military transport plane. European aerospace giant EADS has accepted a proposal from seven partner governments to finance cost overruns of 5.2 billion euros ($7.1 billion) on the A400M military transport plane, French Defence Minister Herve Morin has said.Spain Says Deal Reached on Future of Airbus Plane -- ABC News
Spanish minister says agreement in principle reached on future of A400 transport plane.
The countries behind the Airbus A400M military transport plane have reached an agreement in principle on the troubled project's future, the Spanish defense minister said Wednesday.
Carme Chacon announced the deal as she opened a two-day meeting of EU defense ministers on the Spanish Mediterranean island of Mallorca.
She did not say how the countries would resolve their disagreement over funding the late and over-budget project, saying details of the agreement would be provided on Thursday.
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More News On The A400 Transport Plane Program
Agreement reached on A400M military plane costs -- France24/AFP
Spain says deal reached on future of Airbus plane -- Washington Post/AP
EADS accepts A400M financing offer: France -- Sydney Morning Herald
Spanish EU Presidency - Chacón announces initial agreement to save the A400M military transport aircraft project -- Isria
Airbus A400M Buyers Spar Over Loan to Save Project -- Business Week/Bloomberg
Haggling delays 3.5 bln euro A400M bailout -- Reuters
Defense ministers, EADS close to a deal on military transporter -- Deutsche Welle
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