Airbus sticks to job cuts, mulls partner options
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The co-chief executives of Airbus  parent company EADS said there was no alternative to thousands  of job cuts at the troubled European planemaker and warned that  strikes would only make things worse.
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PARIS -- Airbus, seeking to reverse its fortunes after a crushing year, faced a bruising battle Wednesday in presenting a plan expected to include massive job losses across Europe and the sale of a number of plants.
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Protests take place for a second day at Airbus plants after it said it wanted to cut 10,000 jobs while strike action remains possible.
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Germany pledges to fight against the country's Airbus plants being disproportionately hit by expected job cuts at the firm.
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Airbus postpones a key decision on a major overhaul of the business, amid disagreement between its various European partners.
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The EU reiterates support for Airbus, amid reports that airline Lufthansa is mulling a major deal with rival Boeing.
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Airbus plans to challenge Boeing Co. by offering a new aircraft as early as year-end, its chief executive says. The Toulouse, France-based plane maker is &quot;reflecting&quot; on whether to introduce an all-new plane
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Airbus faced growing paralysis on Tuesday over plans to axe thousands of jobs as French and German politicians quarrelled over the cuts and Berlin dampened hopes of a quick solution at a bilateral summit this ...Comment
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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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Aircraft maker Airbus (EAD.PA: Quote, Profile, Research) insisted on Thursday it had no intention of taking sides in a Microsoft (MSFT.
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Airbus plans to cut 5,000 jobs and  axe another 5,000 filled by contractors, bringing total job  cuts in its plants to 10,000 while limiting the impact on its  own workforce, industry sources said on Tuesday.
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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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BRUSSELS - The United States is to press Europe to end subsidies to Airbus Industrie in talks on Thursday, but the EU says any such cuts must be matched by pledges to slash government help for US plane maker Boeing.
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PARIS The parent company of European aircraft maker Airbus has proposed splitting a contested US Air Force contract for refueling tankers with its rival, Chicago-based Boeing.
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Planemaker Airbus will announce on Wednesday plans to axe 10,000 jobs in four European countries, but will force contractors to share the pain of cuts which could provoke labor unrest, industry sources said.
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Aircraft maker Airbus  on Thursday denied a report it was siding with Microsoft  in its anti-trust battle with the European Union.
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Airbus, seeking to reverse its fortunes after a crushing year, faced a bruising battle Wednesday in presenting a plan expected to include massive job losses across Europe and the sale of a number of plants.