BAE shareholders approve sale of 20-percent stake in Airbus
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BAE Systems has announced that shareholders have backed the proposed sale of its 20-percent holding in troubled European aircraft maker Airbus to Paris-based peer EADS.
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The Gulf state of Qatar on Thursday bought a 20-percent share of the London Stock Exchange.
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Shares in Airbus parent EADS  rose early on Tuesday after its board approved its Power8 restructuring plan for Airbus, which has suffered from the costly delay of its A380 superjumbo and a weak dollar.
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Air China Ltd. has signed an agreement with Airbus to buy 20 of its A330-200 aircraft, the Chinese flag carrier said Thursday.
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AIRBUS and Chinese partners officially signed an agreement today to open a final assembly line in China to produce the European aircraft manufacturer's A320 jets. via Shanghai Daily
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BAE Systems, Europe&#39;s largest defence firm, has reported a 4.5 percent rise in underlying operating profit, buoyed by higher Airbus plane deliveries.
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Airbus, the European aircraft maker, is expected to receive approval within weeks from its shareholders, EADS and BAE Systems, to start marketing the planned A350 mid
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British defence company BAE Systems said on Thursday that net profits almost tripled in 2006 after the sale of its 20-percent holding in troubled European aircraft maker Airbus to parent aerospace group EADS.
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European consortium Airbus Industrie won its second deal in a week from India's growing budget airline business, selling 30 Airbus A320 aircraft to Air Deccan.
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British defence firm BAE Systems will next week clinch a 20-billion-pound (29.5 billion euro, 40.4 billion dollar) deal to supply 72 Eurofighter Typhoon jets to Saudi Arabia, a report said Friday.
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Airbus has been given the go-ahead by its shareholders EADS and BAE Systems to market the A350, a new wide-body aircraft that will be a direct rival to Boeingâs 7E7 Dreamliner.
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Australian flag carrier Qantas Airways said that British Airways had sold its 18.25 percent shareholding to a range of investors, as its shares surged on the news.
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Shares in EADS, the parent of jet-maker Airbus, rose Wednesday on reports that a Russian bank had bought more than 4 percent of its stock. But EADS retracted an earlier comment in which it said Moscow-based Vneshtorgbank had confirmed the acquisition.
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British defense contractor BAE Systems PLC said Monday it is buying DigitalNet Holdings Inc., a U.S. maker of secure computer networks and a leading information-technology supplier to the Pentagon.
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BAE Systems advised its shareholders to sell the British defence group's 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 2.75 billion euros (3.5 billion dollars).
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Airbus won an order to sell 40 planes to AirAsia, Southeast Asia&#39;s largest discount airline, beating out Boeing. The Kuala Lumpur-based airline said in a statement to the Malaysian stock
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British defense firm BAE Systems  won shareholders' backing on Wednesday to sell its stake in planemaker Airbus to EADS , which a day earlier said a fresh delay in the A380 superjumbo would hit earnings.