EADS dismisses BAE comments, shares fall on Airbus
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PARIS/LONDON  - Airbus parent firm EADS EAD.PA   will complete its review of the challenges it faces within   weeks, Co-Chief Executive Louis Gallois said on Thursday, while   dismissing negative comments from BAE Systems.
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The French-British defence electronics group Thales and the European aerospace group EADS do not have a plan to merge, EADS co-chairman Philippe Camus said.
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MUNICH, Germany  - European aircraft maker Airbus   EAD.PA said a newspaper report that it was set to announce   fresh delays to deliveries of its A380 super jumbo was   speculation and that checks into the issue were not yet over.
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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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Defence and aerospace group BAE says a report that it is to sell its 20% stake in Airbus this week is "premature".
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EADS&#039; top four executives have met in Munich but took no decisions on how to end the aerospace group&#039;s management crisis prompted by the superjumbo Airbus A380&#039;s production delays.
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Aircraft maker Airbus  on Thursday denied a report it was siding with Microsoft  in its anti-trust battle with the European Union.
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The French co-head of aerospace group   EADS EAD.PA brushed off negative comments from estranged   shareholder BAE Systems BA.L on Thursday, saying the Airbus   parent was weeks away from resolving some of its key problems.
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European planemaker Airbus says it has put the problems associated with its A380 superjumbo behind it.
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European aerospace group EADS admitted that its Airbus A380 superjumbo was set for further delays, and a newspaper report said huge cost cuts and a production switch out of the eurozone were being considered.
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Airbus parent firm EADS   will complete its review of the challenges it faces within  weeks, Co-Chief Executive Louis Gallois said on Thursday, while  dismissing negative comments from BAE Systems.
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Airbus parent EADS EAD.PA confirmed   fresh delays to its A380 superjumbo on Thursday, but said it   was too early to say how long the third postponement in   deliveries would last or how much it would cost.
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Airbus and its parent company EADS could disclose new delivery delays for the A380 superjumbo as well as a restructuring plan for the aircraft manufacturer, following a meeting Tuesday of EADS directors.
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The German government rejected a  magazine report on Saturday that France was blocking a German  consortium from taking over a stake in aerospace group EADS   from core shareholder DaimlerChrysler (DCXGn.DE).
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The woes affecting European planemaker Airbus seeped beyond the troubled A380 superjumbo on Thursday as doubts surfaced over two other projects and the EADS
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European aerospace group EADS  will unveil restructuring measures aimed at saving 2 billion euros ($2.53 billion) a year this week after new delays in deliveries of its A380 superjumbo, financial daily Les Echos reported, without quoting sources.
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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.