Airbus may extend 35-hour work week: report
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Airbus  is considering extending its workweek to 40 hours from 35 hours without compensation as part of the European planemaker's restructuring plans, German magazine Focus reported.
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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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Top managers at Airbus parent company EADS knew of delays in aircraft production when they sold their stock options in March, shortly before Airbus shares crashed on a shock announcement, a French daily alleged Tuesday.
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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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The head of Airbus is not ruling out abandoning the Airbus A350 XWB project, a redesigned version of the planemaker's slow-selling mid-sized plane, because of the delays in the A380 superjumbo, the Financial Times reported.
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Airbus on Monday postponed a major announcement on job cuts planned for Tuesday, saying European nations could not agree how to share the work on the planemaker's next aircraft, the wide-body A350.Comment
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Germany's economics minister warned on Saturday against slighting his country in the upcoming restructuring of Airbus, a day after a newspaper report on possible factory closings.
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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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The board of European aerospace group EADS  is 90 percent certain to agree on Friday to finance the launch of Airbus's planned A350 mid-size, long-haul jet, a source close to the board told Reuters on Friday.
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Planemaker Airbus confirmed on Monday that its newly approved A350 XWB would be funded by a combination of internal and external market sources and did not rule out taking government development loans.
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EUROPEAN aircraft maker Airbus hopes to win up to 50 orders for its new wide-body A350 by next June. The 4 billion ($A7 billion) A350 -- a spin-off of the earlier A330 -- is Airbus&#39;s response to Boeing&#39;s first
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Airbus trade unions decided to call on all French employees of the European aircraft maker to respect a one-hour work stoppage on Tuesday to protest restructuring plans for the group, a trade union source told AFP.
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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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Airbus parent EADS  on Monday postponed a major announcement on job cuts planned for Tuesday, saying European nations could not agree how to share out work on its next aircraft, the wide-bodied A350.
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European planemaker Airbus is hit by further reports that it could announce another delay in production of the A380.
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The French already enjoy a 35-hour work week and generous vacation. Now the health minister wants to look into whether workers should be allowed to sleep on the job.
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The European aircraft manufacturer Airbus has largely surpassed its 2007 cost-cutting target and could end the year with savings of as much as 400 million euros (587 million dollars), the newspaper Les Echos reported Friday.