In September 1967, the British, French, and German governments signed a Memorandum of Understanding (MoU) to start development of the 300-seat Airbus A300. An earlier announcement had been made in July 1967, but at that time the announcement had been clouded by the British Government's support for the Airbus, which coincided with its refusal to back British Aircraft Corporation's (BAC) proposed competitor, a development of the BAC 1-11 — despite a preference for the latter expressed by British European Airways (BEA).
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