German EADS co-chief calls for 'fair' distribution of cuts at Airbus
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Tom Enders, the German co-chief executive of EADS, has reiterated his call for a &quot;fair distribution&quot; of the crucial restructuring measures to be implemented at airplane maker Airbus.
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The government, goaded by presidential candidates into responding to large job cuts at the airplane maker Airbus, said it was ready to pump cash into the company and shake up a Franco-German power-sharing pact. Prime Minister Dominique de Villepin also called on the parent of Airbus, the European Aeronautic Defense and Space Company, to abandon paying a dividend this year to its shareholders, which include the French government, after announcing plans to cut 10,000 jobs. Some 4,300 of those jobs are in France. Mr. Villepin, above, said the government stood ready to participate if the holding company decided to tap its shareholders for more cash through a capital increase to shore up a company badly hit by delays to the new Airbus A380 superjumbo airliner. âThe state will play its role,â he said. However, EADSâs biggest private shareholder, the German car company DaimlerChrysler, has battled for years to prevent what it regards as state meddling.
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EADS Deputy Chief Executive Jean-Paul Gut, who oversaw strategy for Airbus' parent, is departing after "a divergence in views," the company said Monday.
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Airbus parent EADS  has pledged to consult workers before selling plants or cutting jobs as part of a plan to rescue the planemaker, the works council at EADS said on Friday.
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EADS co-chief executive Thomas Enders hinted that a British representative would be welcomed on the board of the company even if BAE Systems sells its 20 percent stake in Airbus.
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The chief executive of Airbus parent group EADS admitted on Thursday the problem of &quot;nationalistic poison&quot; at the heart of the aerospace group caused by Franco-German rivalry.
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European leaders are concerned over job cuts German and French leaders are in talks to address how an overhaul of Airbus will affect their respective countries and try to resolve their differences.Comment
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The co-chief executive of EADS, Noel Forgeard, said he has confidence in the head of the aircraft unit Airbus, while calling for a review of top executives&#039; roles at the two entities, according to an interview to appear in La Tribune newspaper.
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The chief executive of Boeing Co. insisted Thursday that he is looking to prevent a trans-Atlantic spat over subsidies for Airbus Industrie by demanding an end to government aid programs for the rival aircraft manufacturer.
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The French co-head of aerospace group  EADS  brushed off negative comments from estranged  shareholder BAE Systems  on Thursday, saying the Airbus  parent was weeks away from resolving some of its key problems.
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The German co-head of European defence and aerospace group EADS will step down when his contract expires next year. Last week Rainer Hertrich created a row over the leadership of the Franco-German group, saying
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The co-chief executives of Airbus parent company EADS said there was no alternative to thousands of job cuts at the troubled European planemaker and warned that strikes would only make things worse.
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The French and German joint chiefs of troubled European planemaker EADS have criticised the way their company was run, saying the double presidency they share added to the problems.
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MESEBERG, Germany: German Chancellor Angela Merkel and French President Jacques Chirac on Friday stressed their "common interest" in a fair sharing of burdens and opportunities as European airplane maker Airbus ...Comment
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MESEBERG, Germany, Feb. 23 Germany and France support a fair division of the long-awaited restructuring of pan-European aircraft maker Airbus, the countries ' leaders said Friday.Comment
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Germany and France support a "fair division" of the long-awaited restructuring of pan-European aircraft maker Airbus, the countries' leaders said Friday.Comment
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French Economy Minister Thierry Breton defended on Sunday the massive restructuring programme at Franco-German aircraft maker Airbus, saying the cuts were needed in order to compete with US rival Boeing.