Financial Times FT.com

Competing by the seat of their pants

By Kevin Done, Aerospace Correspondent

Published: December 16 2004 20:27 | Last updated: December 16 2004 20:27

Nerves are becoming frayed among the top managements of Boeing and EADS/Airbus, the giants of the civil aircraft industry.

The two are engaged in an increasingly frantic battle for orders around the globe with billions of dollars being gambled on the launch of new products.

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