Airbus delays restructuring, blames A350 rift
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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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Lufthansa and Emirates said Tuesday that their orders for A380 superjumbos will be delayed by up to a further year, and Airbus parent EADS was expected to reveal the full extent of production problems holding back its flagship jet program.
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Wiring woes continue The wiring problems which earlier this year forced Airbus parent company EADS to delay delivery of its A380 by six months continue to plague the roll-out programme.â¦
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Airbus, reeling from a management shakeup that followed delays in its flagship superjumbo jet program, unveiled a long-awaited revamp of its mid-sized A350 on Monday.
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The board of Airbus parent EADS   is expected on Tuesday to decide on a cost-cutting program and  assess the impact of the latest delay in its A380 superjumbo  plane, which one newspaper report said could now slow 2007  deliveries to just two aircraft.
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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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European aircraft manufacturer Airbus has delayed a major announcement on restructuring to pull out of a financial crisis, citing strains over national interests.
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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.
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Airbus management met with employees about a major restructuring plan following problems with its A380 superjumbo jet amid political concern over the consequences of a major overhaul.
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Airbus will cut 10,000 jobs over four years, parent company EADS said Wednesday as it unveiled a restructuring plan aimed at helping the planemaker recover after delays to its A380 superjumbo and other setbacks.
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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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Aerospace group EADS has told its European works council that no definitive decisions have been taken yet on the troubled Airbus A380 superjumbo and mid-size A350 projects.
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European plane maker Airbus faced flak from trade unions and scepticism from investors on Thursday, a day after unveiling a radical restructuring plan which labour groups hope to shoot down with strikes and demonstrations.
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Airbus  is considering  extending its workweek to 40 hours from 35 hours without  compensation as part of the European planemaker's restructuring  plans, German magazine Focus reported.
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PARIS -- Airbus, seeking to reverse its fortunes after a crushing year, faced a bruising battle Wednesday in presenting a plan expected to include massive job losses across Europe and the sale of a number of plants.
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European plane maker Airbus, looking to restore credibility after an internal crisis that could benefit US rival Boeing, is set to unveil new design plans for its troubled long-haul A350 passenger jet.
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A much-vaunted plan to revive the fortunes of the struggling European aircraft manufacturer Airbus, unveiled four months ago in response to damaging production delays, is taking its time getting off the ground.