EADS sells six Airbus factories
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Airbus parent EADS says it is selling off six plants to French, British and German companies.
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British defense firm BAE Systems  won shareholders' backing on Wednesday to sell its stake in planemaker Airbus to EADS , which a day earlier said a fresh delay in the A380 superjumbo would hit earnings.
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MUNICH, Germany  - Losses at planemaker Airbus slashed 2006 operating profits at Franco-German parent EADS  by 86 percent to 399 million euros ($526 million), but the fall was cushioned by defense profits, the group said on Friday.
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European jet maker Airbus said Wednesday it would axe 10,000 of its 56,000 workforce as part of a cost cutting operation to lift it out of a financial crisis.
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Dubai International Capital buys a 3.12% stake in EADS, the company that owns Airbus.
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Shares in EADS, the parent of jet-maker Airbus, rose Wednesday on reports that a Russian bank had bought more than 4 percent of its stock. But EADS retracted an earlier comment in which it said Moscow-based Vneshtorgbank had confirmed the acquisition.
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European plane maker Airbus   plans to agree in the coming week to sell four of its European  factories to U.S. group Spirit AeroSystems Holdings , a  German newspaper reported on Saturday.
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China signed contracts Monday worth nearly $2.1 billion to buy 23 Airbus jetliners and other German industrial goods. The $1.3 billion Airbus deal calls for a state company that
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Dubai&#39;s new state-backed aviation group, Dubai Aerospace Enterprise, said Friday it was interested in buying factories put up for sale by European plane maker Airbus.
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BEIJING  - China signed a contract to buy 23 A319, A320 and A321 commercial jets from aircraft manufacturer Airbus in a deal worth close to 1.0 billion euros (1.34 billion dollars).
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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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Airbus signs a $16bn deal to supply 80 of its forthcoming A350 mid-sized aircraft to Qatar Airways.
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Shares in Airbus parent EADS rose Wednesday as reports that the Russian bank Vneshtorgbank had bought more than 4 percent of the company went unchallenged for a second day.
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European planemaker Airbus says that Thai Airways International plans to buy six of its double-decker A380 planes as part of a deal worth more than $2 billion (1 billion pounds) at list prices.
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China signed a contract to buy 23 A319, A320 and A321 commercial jets from aircraft manufacturer Airbus in a deal worth close to 1.0 billion euros (1.34 billion dollars).
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Airbus, the European aircraft maker, is expected to receive approval within weeks from its shareholders, EADS and BAE Systems, to start marketing the planned A350 mid
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BAE Systems will agree to sell its 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 1.9 billion pounds (2.8 billion euros, 3.6 billion dollars).