CORRECTION: France hopes to get EADS deal
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France hopes to be able to  announce an agreement about a simplified management structure  for European defense group EADS at a summit meeting on Monday,  but Germany is in no hurry to strike a deal.
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Arnaud LagardÃ¨re, a shareholder in the European Aeronautical Defence and Space company, yesterday signalled a new shake-up of Europe&#39;s defence industry which could see EADS swallow up its smaller French rival, Thales, and acquire Dassault&#39;s fighter
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The European Union and the US must resolve differences over government aid to aircraft makers Airbus SAS and Boeing Co. and avoid taking the dispute to the World Trade Organization, French Finance Minister Nicolas Sarkozy said.
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European aerospace group EADS  will unveil restructuring measures aimed at saving 2 billion euros ($2.53 billion) a year this week after new delays in deliveries of its A380 superjumbo, financial daily Les Echos reported, without quoting sources.
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France's foreign minister admitted that a deal for European aerospace giant EADS' unit Eurocopter to supply 197 helicopters to the Indian army had been officially cancelled.
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Rumours of a possible tie-up between French defence electronics group Thales and the European Aeronautic, Defence and Space Company (EADS) are to be discussed by the German and French economy ministers later this week, a German government spokesman said.
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European aerospace firm EADS quashes speculation it was poised to take over the French defence electronics firm Thales.
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French Prime Minister Francois Fillon said Thursday that it was not the shareholder structure that was fundamental to the success of European aerospace giant EADS, but the organisation and management of the company.
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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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France and Germany appeared headed for another industrial row on Monday over a French plan to merge Airbus parent EADS with French defense group
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French and German leaders hold  a one-day summit dominated by the future of Airbus parent EADS  on Monday, seeking to halt in-fighting blamed for their worst  recent industrial crisis.
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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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The French government plans to merge Airbus parent EADS with Thales, the country's largest defense company, to create a new European giant to rival Boeing Co., a leading financial daily reported Friday.
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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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Airbus manufacturer EADS denied reports in French daily Le Monde Saturday that it had published misleading information now being investigated by French financial markets regulator AMF.
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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.