Cancelling EADS contracts would harm German interests: EADS co-chief
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If the German government were to cancel its defence contracts with European aerospace giant EADS, it would hurt German jobs, according to a stark warning from the German co-chairman of EADS.
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"We strongly deny" the report, a spokesman for EADS in Munich told Dow Jones Newswires.Comment
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European plane-maker Airbus has warned it may need 15 years to catch up with and overtake US rival Boeing, while the co-chief executive at parent company EADS said plans for the new mid-size A350 jet might have to be scrapped.
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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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The current weakness of the dollar against the euro poses a threat to the future of large aircraft manufacturing in Europe, the chief executive of European plane maker Airbus warned in an interview published on Wednesday.
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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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European aerospace giant EADS is considering selling its stake in French aircraft maker Dassault Aviation, German co-CEO Tom Enders told the Financial Times on Friday, an assertion later challenged by his French counterpart.
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Airbus Chief Executive Louis Gallois on Wednesday urged politicians not to interfere with the European aircraft maker's plans to cut 10,000 jobs and spin off or close six European plants.
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A row over leadership at Franco-German company EADS culminates in co-boss Rainer Hertrich not renewing his contract in 2005.
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New shareholders should not be admitted to European plane maker EADS's  shareholder pact, German Chancellor Angela Merkel said in a newspaper interview when asked about allowing Russian investors to buy in.
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New shareholders should not be admitted  to European plane maker EADS's  shareholder pact,  German Chancellor Angela Merkel said in a newspaper interview  when asked about allowing Russian investors to buy in.
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The British defence ministry has called for European politicians to cease their meddling in aerospace group EADS, just a day after its aircraft unit Airbus launched a major restructuring plan, The Times reported.
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The German co-chief executive of the European Aeronautic Defence and Space Company, Rainer Hertrich, denounced Tuesday reported plans by Airbus CEO Noel Forgeard and French President Jacques Chirac to put a ...
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French and German executives are in a bitter dispute over the leadership of aerospace firm EADS.
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EADS co-chief executive Noel Forgeard is being questioned by France&#039;s parliamentary finance committee on why he sold millions of euros&#039; worth of shares in the European aerospace group just before it announced delays in deliveries of its Airbus A380 superjumbo.
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Reported plans for a tie-up linking the European Aeronautic, Defence and Space Company (EADS) and French electronics group Thales, currently a point of contention between France and Germany, would enable the ...
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BERLIN : Rumours of a possible tie-up between French defence electronics group Thales and the European Aeronautic, Defence and Space Company (EADS) are to be discussed by the German and French economy ministers later this week, a German government