Source: EADS OKs Airbus CEO resignation
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The two chief executives of EADS have agreed to accept the resignation of Airbus CEO Christian Streiff, a person close to the European planemaker said Friday.
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Airbus has withdrawn its challenge to a European Union antitrust ruling against Microsoft Corp. only days after the aircraft maker's intervention became public, the Wall Street Journal reported on Friday, citing unnamed sources.
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Corrects attribution of quote to co-CEO of Airbus parent company EADS, not Airbus CEO
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TOULOUSE, France  - Airbus workers downed tools and staged protests as a company shake-up due later on Wednesday was expected to confirm plans for factory sales and thousands of job cuts.
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Police raided the French headquarters of EADS, the company that owns Airbus, as part of a probe into alleged insider trading by top executives of the group, a company source said.
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Disagreement over the funding of a  $10-billion new plane project at Airbus has forced parent firm  EADS  to cancel a Friday board meeting which was due to  decide on whether to go ahead with the development, an industry  source said on Friday.
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TOULOUSE, France -- The parent company of troubled planemaker Airbus abandoned its twin-chief executive structure held jointly by Germany and France, with France's Louis Gallois taking control, the company said Monday.
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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.Comment
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Airbus has withdrawn its challenge to a European Union antitrust ruling against Microsoft Corp. only days after the aircraft maker&#39;s intervention became public, the Wall Street Journal reported on Friday, citing unnamed sources.
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DaimlerChrysler AG said Friday it sold a third of its stake in EADS, the parent company of planemaker Airbus, to a private investment group in a deal that will maintain the balance between German and French ...Comment
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Defence firm BAE Systems agrees to sell its 20% stake in plane firm Airbus to EADS for Â£1.87bn.
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EADS Deputy Chief Executive Jean-Paul Gut, who oversaw strategy for Airbus' parent, is departing after "a divergence in views," the company said Monday.
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European aircraft manufacturer Airbus has won an order from the US leasing company CIT Group for five long-range jets and four A320 single-aisle planes, Airbus has said.
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Airbus SAS Chief Executive Officer Noel Forgeard, who turned the European company into the world&#39;s largest planemaker, will replace Philippe Camus as co-CEO of its parent, European Aeronautic, Defense &amp; Space Co.
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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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Noel Forgeard, chief executive of European Aeronautic Defence and Space Company's unit Airbus, appears to be the hands-down favorite to replace EADS co-CEO Philippe Camus when his term expires in July.
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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