Shareholder structure not &#39;fundamental&#39; for EADS: French PM
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French Prime Minister Francois Fillon said Thursday that it was not the shareholder structure that was fundamental to the success of European aerospace giant EADS, but the organisation and management of the company.
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Germany does not expect to take a direct  stake in aerospace group EADS  via state bank KfW or  other federal or state institutions, a senior government  official told Reuters on Thursday.
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French and German leaders hold  a one-day summit dominated by the future of Airbus parent EADS  on Monday, seeking to halt in-fighting blamed for their worst  recent industrial crisis.
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PARIS/MELBOURNE  - Airlines were forced to review growth plans and investors hammered the shares of Airbus parent EADS on Wednesday after the European planemaker announced more delays to its A380 superjumbo.
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Arnaud Lagardere, chief executive of the Lagardere group, insisted Monday he would stay on the board of directors at Airbus manufacturer EADS despite an ongoing insider trading scandal.
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The board of directors at European aeropsace group EADS was to convene again Tuesday to discuss delivery delays plaguing the Airbus A380 superjumbo as well as a proposed restructuring of the aircraft manufacturer, a source close to the matter said.
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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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French President Jacques Chirac today meets Chancellor Angela Merkel for talks expected to centre on Franco-German tension over a major restructuring plan for European aircraft manufacturer Airbus.Comment
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The French government is seeking to take control of European aerospace giant EADS by pushing for a capital increase to finance development of the new A350 long-haul jet, German newspapers have reported.
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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 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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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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France and Germany appeared headed for another industrial row on Monday over a French plan to merge Airbus parent EADS with French defense group
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Franco-German relations will not be negatively affected by the current crisis at aircraft maker Airbus and tough negotiations about restructuring, a high-ranking German government official said on Wednesday.
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Airbus chief executive Louis Gallois said Wednesday there was &quot;no urgency for a capital increase&quot; by parent company EADS, but he recognised that the group would need external finance in the future.
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The French government asked two banks, France&#39;s Societe Generale SA and the Netherlands&#39; ABN Amro Holding NV, to handle the sale of the Air France-KLM stake involving some 48 million shares, according to a Finance Ministry spokesperson.
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The French government will not allow the crisis-hit bank Societe Generale to be the target of a "hostile" takeover bid, Prime Minister Francois Fillon warned on Tuesday.