CORRECTED: EADS co-CEO does not rule out dropping A350: FT
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Corrects attribution of quote to co-CEO of Airbus parent company EADS, not Airbus CEO
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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.Comment
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The co-head of European  aerospace firm EADS  admitted its Airbus unit had  clearly underestimated archrival Boeing  and said the  priority was to fix problems at Airbus, which is trailing its  U.S. competitor in aircraft sales.
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European aerospace group EADS has postponed until next week a board meeting on the future of the Airbus A350 XWB passenger jet programme, key shareholder Lagardere said.
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Airbus  said on Monday funding for its wide bodied A350 plane remained open and might include a capital hike but cautioned that one airline might cancel orders for the new aircraft.
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The board of directors at European aerospace group EADS have convened at company headquarters in Amsterdam, The Netherlands, and could approve the launch of the A350 XWB aircraft manufactured by its Airbus unit, sources close to the board said.
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Airbus SAS, the world&#39;s biggest planemaker, expects to deliver as many as 320 aircraft this year, or 5 percent more than it forecast earlier, as demand from airlines picks up, said Chief Executive Noel Forgeard.
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European aircraft maker Airbus took almost as many orders as its US rival Boeing last year, the chief executive of its parent company EADS, Louis Gallois, said here on Thursday.
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The joint head of EADS has rejected suggestions he had indulged in insider trading knowing the group would announce delivery days for the Airbus superjumbo which have slashed the value of the business.
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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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MUNICH, Germany  - Planemaker Airbus' A380  superjumbo project is running 1.45 billion euros ($1.93  billion) over budget because of work to improve the efficiency  and weight of the aircraft, the co-head of parent company EADS  said.
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The cost of developing Airbus's new A380 super-jumbo will be much higher than planned, but the European Aeronautic Defence and Space Company still hopes to meet or exceed its earnings forecasts this year, EADS ...
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Planemaker Airbus' A380 superjumbo project is running 1.45 billion euros ($1.93 billion) over budget because of work to improve the efficiency and weight of the aircraft, the co-head of parent company EADS ...
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MUNICH, Germany -- Major delays to Airbus' A380 superjumbo that led to a $1.01 billion fourth-quarter loss made 2006 the worst year in European plane builder EADS NV's history, the co-chief executive officer said Friday.
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The board of European aerospace group EADS  appeared likely to approve the development of the Airbus A350, its latest design for a mid-sized jet after an earlier version failed in competition with Boeing's  future 787, sources familiar with the matter said.
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The announcement of its new mid-sized plane will heat up rivalry between Airbus and Boeing. The board of EADS, parent company of Airbus, is on Monday expected to approve plans for the long-awaited, $4bn-launch of a new mid-sized aircraft, the A350.
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The German co-chief executive of European aerospace group EADS, Thomas Enders, said Monday he would now head the Airbus aircraft unit and that Frenchman Louis Gallois would become the sole chief executive at EADS.