AIRBUS has been urged to redesign its planned A350 midsize widebody jet or risk getting badly beaten by rival Boeing"s competing 787 Dreamliner, according to reports from America.

Steven Udvar-Hazy, chief executive of International Lease Finance Corporation, is said to have called on Airbus to scrap its plan for the A350, the wings for which are to be made in North Wales.

The A350, based on the fuselage of Airbus" existing A330 jet, is being developed as a rival to Boeing"s hot-selling 787.

Speaking at an industry conference, Mr Udvar-Hazy said Airbus could risk being stuck with a 25% market share in the midsized widebody segment of the market if it failed to build a brand new fuselage and wing for its next generation plane.

He made the comments even though ILFC has agreed to buy 12 A350 planes with options for eight more.

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