Airbus restructuring clouded by political concern
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Airbus management began to outline a giant restructuring plan to employees following problems with its A380 superjumbo jet amid signs of political concern about the consequences of a major overhaul.
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The board of Airbus parent EADS approved a restructuring plan for the troubled European aircraft maker Monday, breaking a weeklong deadlock over job cuts and future jet programs between France and Germany.
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German Chancellor Angela Merkel and French President Jacques Chirac called for a &quot;fair division&quot; of the burden in restructuring crisis-hit European aircraft maker Airbus, in a statement released at a summit here Friday.
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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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German and French leaders raise fears  over the impact of job cuts at Airbus before a key summit on Friday.
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Airbus, the European airliner maker caught in a five-month crisis over restructuring and cutbacks, faced a watershed on Wednesday with the announcement of the plan to make huge cost savings and reorganise the business.
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Airbus was at the center of mounting industrial tensions Tuesday as the European aircraft maker prepared to unveil a long-awaited restructuring program likely to include thousands of job cuts and the sale of ...Comment
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The government and trade union officials voiced disappointment at the decision by European aircraft maker Airbus on Wednesday to slash 1,600 jobs over the next four years.
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PARIS -- Feuding managers at EADS had their wings clipped by the French government yesterday as a succession war threatened to engulf Europe&#39;s largest aerospace firm, distracting from new plans to challenge Boeing.
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Angela Merkel and Jacques Chirac are preparing for a meeting on Friday to hammer out the restructuring of Airbus.
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BRITISH WORKERS beavering away in Broughton, north Wales, on the wings for Airbusâs new A380 super-jumbo, have little time to ponder the arcane power politics of the ElysÃ©e Palace, Franceâs equivalent of 10 Downing Street.
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By David Greising, Chicago Tribune  Dec. 17--HAMBURG, Germany -- In Airbus' sprawling production plant here, one of modern industry's biggest meltdowns, and the dawning effort to set things right, is a tale of two airplane-production hangars and two countries, Germany and France.
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Struggling European aircraft maker Airbus is now looking at brighter skies thanks to rapid strides in the application of a restructuring plan and a possible new order for its A350, the head of the company said.
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TOULOUSE, France  - Troubled planemaker Airbus confirmed 10,000 job cuts and announced plans to sell all or part of six factories on Wednesday, as workers protested and European politicians hailed a hard-fought compromise.
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Leading airlines are reviewing their options after Airbus announces further delays to its flagship A380 plane.
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German and French employees of Airbus take to the streets in response to fears of potential cutbacks at the planemaker.
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Troubled European aircraft manufacturer Airbus is to lift the veil Tuesday on a long-awaited restructuring plan that has already unsettled labor leaders and politicians in France and Germany.