Airbus chief hints at sale of factories
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European aircraft maker Airbus could sell some its sites under the vast restructuring plans scheduled to be announced later this month, Airbus chief and co-chairman of EADS, Louis Gallois, has said.
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The new chief executive of the ailing aircraft maker Airbus is set to present a vast restructuring plan for the group to the board of parent company EADS.
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The German government will review its defence contracts with Franco-German aeronautics company EADS if the restructuring of Airbus severely harmed German interests, Economy Minister Michael Glos has warned.
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Airbus parent EADS abandoned two key  executives on Sunday and brought in a steady pair of hands in  the shape of French railways boss Louis Gallois in a bid to end  a two-week crisis over delays to its A380 superjumbo.
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Airbus and its parent company EADS could disclose new delivery delays for the A380 superjumbo jet as well as a restructuring plan for the aircraft manufacturer, following a meeting of EADS directors.
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The head of Airbus vowed to press ahead Wednesday with a radical restructuring at the struggling aircraft manufacturer, defying unions fighting massive cutbacks and insisting the company had to slim down.
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NoÃ«l Forgeard&#39;s move to European Aeronautic Defence &amp; Space company leaves shareholders needing to appoint quickly a chief at Airbus to avoid destabilising its management, analysts warned.
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The president of European planemaker  Airbus said on Saturday he hoped to win around 50 orders for  the new wide-body jet A350 by next June.
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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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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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Germany may cancel orders placed with European aerospace firm EADS if the company shifts production at its Airbus unit out of the country, German Economy Minister Michael Glos was quoted as saying on Sunday.Comment
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EADS, the parent company of European aircraft maker Airbus, on Tuesday denied a French press report that its co-president Tom Enders was set to quit.
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European planemaker Airbus  must keep most of its production in Europe, but it may make sense to consider moving some output to the U.S. dollar zone, a deputy German economy minister said on Tuesday.
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Airbus bosses are meeting with union leaders to discuss the latest plans for its proposed redundancies.
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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 has denied reports that chief executive Christian Streiff may leave to replace the retiring boss of French carmaker Peugeot-Citroen.
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Airbus and its parent company EADS could disclose new delivery delays for the A380 superjumbo as well as a restructuring plan for the aircraft manufacturer following a meeting of EADS directors.