La Lettre A points out that the AMF report, revealed by the Mediapart website,

has raised questions among analysts over the A350 XWB programme. Grievances about financial communication and possible insider trading related to the A380 are well detailed in the AMF report, but allegations related to delays to the A350 XWB have surprised several financial analysts. For long, indeed, most observers did not believe in the necessity to develop a rival to the Boeing 787, and even supported the idea of EADS dropping the project altogether. The actual revelation in the media, on May 11, 2006, that EADS could abandon the project led to a slight 1.49 % fall of the group’s share. On May 16, the company confirmed that it was redesigning the project from scratch, which led to a 5.59 % decrease. For La Lettre A, the weakness of the EADS share at that time was caused by the partial withdrawal of shareholders Lagardere and Daimler in April and the persistent rumours of delays to the A380 programme. Analysts, therefore, do not understand why the AMF included a section about the A350 XWB in its report. “All industrial programmes face delays and those faced by the A350 XWB have actually allowed the group to reposition the project, which is a commercial success today”, says an unnamed expert. “The AMF, thus, creates some sort of value-creation breach”. La Lettre A