EADS postpones board meeting on launch of Airbus A350
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European aerospace group EADS has postponed until next week a board meeting on the future of the Airbus A350 XWB passenger jet programme, key shareholder Lagardere said.
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The joint head of EADS has rejected suggestions he had indulged in insider trading knowing the group would announce delivery days for the Airbus superjumbo which have slashed the value of the business.
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PARISAirbus has postponed a major announcement on job cuts planned for today, saying European nations could not agree how to share the work on the plane maker's next aircraft, the wide-body A350.Comment
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The board of European Aeronautic Defence and Space Co. met Monday to consider plans to launch a new Airbus passenger jet that would rival Boeing Co.
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Lufthansa's supervisory board is scheduled to meet amid press reports that the German flag carrier is set to snub European aircraft maker Airbus and order the new stretched version of rival Boeing's 747 jet.
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Faced with &quot;significant&quot; challenges to its new military transport plane, aeronautical and defence group EADS has announced an &quot;action plan&quot; in an attempt to stick to its delivery timetable.
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Airbus parent EADS  on Monday postponed a major restructuring announcement planned for Tuesday, saying its European political backers could not agree on how to share out construction of its future A350 aircraft.
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EADS shares fell sharply Wednesday as investment banks slashed their ratings on the stock after the parent company of planemaker Airbus extended to two years the production delay for its superjumbo A380 jet.Comment
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The announcement of its new mid-sized plane will heat up rivalry between Airbus and Boeing. The board of EADS, parent company of Airbus, is on Monday expected to approve plans for the long-awaited, $4bn-launch of a new mid-sized aircraft, the A350.
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C-117 writes &quot;The 15 Star Alliance member carriers decided to move ahead with a complete analysis and comparison of the Boeing 7E7 and Airbus A350, which could be seen as a setback for Boeing, as several airlines may delay potential orders while waiting
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Top managers at Airbus parent company EADS knew of delays in aircraft production when they sold their stock options in March, shortly before Airbus shares crashed on a shock announcement, a French daily alleged Tuesday.
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The board of European aerospace group EADS  is 90 percent certain to agree on Friday to finance the launch of Airbus's planned A350 mid-size, long-haul jet, a source close to the board told Reuters on Friday.
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Disagreement over the funding of a  $10-billion new plane project at Airbus has forced parent firm  EADS  to cancel a Friday board meeting which was due to  decide on whether to go ahead with the development, an industry  source said on Friday.
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The leading French and German shareholders in European aerospace group EADS, the parent company of Airbus, were set to meet on Monday in Munich, a source close to the company told AFP.
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The board of Airbus parent EADS approved a restructuring plan for the troubled European aircraft maker Monday, breaking a weeklong deadlock over job cuts and future jet programs between France and Germany.
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Airbus on Monday postponed a major announcement on job cuts planned for Tuesday, saying European nations could not agree how to share the work on the planemaker's next aircraft, the wide-body A350.
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PARIS, Nov 29  - The European Aeronautic Defence and Space Company, parent of aircraft maker Airbus, will decide whether to launch the A350 aircraft, a possible competitor to Boeing&#39;s planned 7E7, on December 10, a spokeswoman for Airbus Industrie