EADS board to meet with Airbus A350 financing in focus
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The board of European aerospace group EADS is to meet this Friday to discuss the launch of the Airbus A350 passenger jet amid wrangling over the financing of the project.
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EADS co-chief executive Noel Forgeard is being questioned by France&#039;s parliamentary finance committee on why he sold millions of euros&#039; worth of shares in the European aerospace group just before it announced delays in deliveries of its Airbus A380 superjumbo.
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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.
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In the ongoing power struggle within the European Aeronautic Defence and Space Company, major shareholder DaimlerChrysler has promised to "get tough" if Airbus chief executive Noel Forgeard is appointed EADS ...
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The board of European defence firm EADS approves a long-awaited restructuring plan for Airbus.
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The federal loan board that was created to oversee an airline industry bailout is about to play a key role in determining the next phase of industry competition.
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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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Airbus has been given the go-ahead by its shareholders EADS and BAE Systems to market the A350, a new wide-body aircraft that will be a direct rival to Boeingâs 7E7 Dreamliner.
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The new chief executive of European airliner manufacturer Airbus is set to present a vast restructuring plan for the group to the board of parent company EADS, union sources told AFP.
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European aerospace group EADS has postponed until next week a board meeting on the future of the Airbus A350 XWB passenger jet programme, key shareholder Lagardere said.
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European plane maker Airbus, looking to restore credibility after an internal crisis that could benefit US rival Boeing, is set to unveil new design plans for its troubled long-haul A350 passenger jet.
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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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French President Nicolas Sarkozy said Saturday that aerospace group EADS would take centre stage at July 16&#39;s Franco-German summit at Airbus headquarters in Toulouse.
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The board of directors at European aerospace group EADS have convened at company headquarters in Amsterdam, The Netherlands, and could approve the launch of the A350 XWB aircraft manufactured by its Airbus unit, sources close to the board said.
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French President Nicolas Sarkozy meets German Chancellor Angela Merkel on Monday to try to agree on who will run the troubled European aerospace group EADS, which manufactures Airbus.
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PARIS : European aircraft maker Airbus aims to apply for loans worth up to one billion euros (1.24 billion dollars) from European states for its new A350 airplane program, chief executive Noel Forgeard was quoted as saying in the Financial Times.
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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.