France chooses Forgeard for joint control of EADS
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French interests named the head of Airbus, Noel Forgeard, to be one of two new pilots running the European aeronautics and defence group EADS after weeks of reported tension over his role.
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The British government has signaled its opposition to the creation of a European defence industry giant by the merger of the European aerospace group EADS and the French-British defence electronics group ...
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Germany has defended its interests in European aerospace giant EADS and has increased its say in the company under the management shake-up unveiled this week, deputy economy minister Peter Hintze said in a newspaper interview Tuesday.
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French government negotiators were in talks late Sunday with the two main private shareholders of EADS seeking to complete a deal on simplifying the companyâs management structure.
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EADS co-chief executive Philippe Camus on Thursday condemned what he called a "pathetic" campaign against him by supporters of Airbus SAS boss Noel Forgeard, who was nominated last month to replace Camus at the helm of the European aerospace giant.
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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
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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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German Chancellor Angela Merkel and French President Jacques Chirac are likely to discuss troubled aerospace group EADS  when they meet next week in Paris, but will not address issues better left to company management, a German government spokesman said.
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"A lesser man might have crumbled or said 'who needs this?' "  PARIS: In an apparent setback for the new French president, Nicolas Sarkozy, who has been seeking to expand French influence at EADS, the main private shareholders at the aeronautics and military group - and ... via International Herald Tribune
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A dispute between the French government and the main shareholders of Airbus parent EADS is holding up a decision on the A350 jet's launch, two people close to major EADS shareholders said Friday.
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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 German co-chief executive of the European aerospace group EADS, Thomas Enders, confirmed Monday that he will head Airbus and that Frenchman Louis Gallois would become the sole chief executive at EADS.
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A new French executive team starts work  at Airbus parent group EADS on Monday after the European  aerospace group forced out two top executives blamed for a  two-week crisis over aircraft production blunders.
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The French government today backed the creation of a new champion in the aerospace and defence sector as Snecma, the part-privatised aero-engine maker, and Sagem, the electronics group, announced plans to merge in a deal valuing Snecma at about â¬4.
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The co-chairmen of European aerospace group EADS issued a sharp statement saying that the company would remain under the control of its founding shareholders.
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Germany is hoping to reach by early 2008 an accord with France on protecting the European aerospace group EADS against hostile takeovers, a German official said in an interview to appear on Tuesday.
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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.