EADS bosses meet but make no decisions on how to end crisis
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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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Airbus parent EADS  on Monday postponed a major announcement on job cuts planned for Tuesday, saying European nations could not agree how to share out work on its next aircraft, the wide-bodied A350.
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The crisis at Airbus is to feature in a top-level Franco-German meeting in Paris this week amid a blur of uncertainty over cuts to pull the flagship A380 superjumbo out of trouble.
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European aerospace group Airbus and its parent EADS have said that they had suspended work on a long-awaited restructuring plan for Airbus, due to be unveiled on Tuesday, citing strains over national interests.
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German Chancellor Angela Merkel and  French President Jacques Chirac will discuss the situation at  Airbus  on Friday but Germany insisted management and  not politicians should decide on a restructuring of the firm.
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In the ongoing power struggle within the European Aeronautic Defence and Space Company, major shareholder DaimlerChrysler has promised to "get tough" if Airbus chief executive Noel Forgeard is appointed EADS ...
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A dispute between the French government and the main shareholders of Airbus parent EADS is holding up a decision on the A350 jet's launch, two people close to major EADS shareholders said Friday.
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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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German Chancellor Angela Merkel and French President Jacques Chirac are likely to discuss troubled aerospace group EADS  when they meet next week in Paris, but will not address issues better left to company management, a German government spokesman said.
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European aircraft manufacturer Airbus is holding talks with partner European governments but no decision on state finance for the new A350 airliner programme is imminent, the head of Airbus has said.
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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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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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EADS, the parent company of European aircraft maker Airbus, on Tuesday denied a French press report that its co-president Tom Enders was set to quit.
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ARSENAL and Manchester United have been summoned to an emergency meeting with senior officials from the Football Association and Premier League in an attempt to stop their bitter feud spiralling
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Speculation is rife in the French press about the future shape of the management at aerospace giant EADS, ahead of a possible decision at a July 16 Franco-German summit to simplify its structure.
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EU-US negotiations over state aid for aircraft builders Airbus and Boeing broke down after five hours on Thursday without progress.
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French President Nicolas Sarkozy meets German Chancellor Angela Merkel on Monday to try to agree on who will run the troubled European aerospace group EADS, which manufactures Airbus.