Update 5: EADS Proposes to Split Deal With Boeing
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European Aeronautic Defense and Space Co., the parent of aircraft maker Airbus SAS, has proposed splitting a contested US Air Force contract for refueling tankers with its rival Boeing Co.
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Disagreement over the funding of a $10-billion new plane project at Airbus has forced parent firm EADS  to cancel a Friday board meeting which was due to decide on whether to go ahead with the development, an industry source said on Friday.
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The chief executive of Boeing Co. says his efforts to end government aid programs for rival aircraft manufacturer Airbus SAS are intended to head off a wider trans-Atlantic dispute over subsidies that could end up at the World Trade Organization.
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The European aerospace group EADS, parent of crisis-hit Airbus, could announce next week the disposal of four factories in France, matching cutbacks in Germany.
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The board of Airbus parent EADS  is expected on Tuesday to decide on a cost-cutting program and assess the impact of the latest delay in its A380 superjumbo plane, which one newspaper report said could now slow 2007 deliveries to just two aircraft.
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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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Disagreement over the funding of a  $10-billion new plane project at Airbus has forced parent firm  EADS  to cancel a Friday board meeting which was due to  decide on whether to go ahead with the development, an industry  source said on Friday.
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Executives of the carrier want to engage in merger discussions with United Airlines and Northwest Airlines as a way to cut costs and stay profitable.
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DaimlerChrysler  has placed a 7.5 percent stake in EADS  with a public-private consortium in a 1.5-billion-euro ($1.95-billion) deal that maintains the Franco-German balance of power at the aerospace firm.
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Tom Enders, the German co-chief executive of EADS, has reiterated his call for a &quot;fair distribution&quot; of the crucial restructuring measures to be implemented at airplane maker Airbus.
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European Aeronautic Defense and Space Co., the parent of aircraft maker Airbus SAS, has proposed splitting a contested US Air Force contract for refueling tankers with its rival
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Boeing is willing to disclose aid from the US government so a new international agreement on assistance to planemakers can be developed.
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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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Defence giant EADS is interested in buying parts of UK's BAE Systems, in addition to seeking a merger with Thales, a report says.
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European Aeronautic Defense and Space Co., the parent of aircraft maker Airbus SAS, has proposed splitting a contested U.S. Air Force contract for refueling tankers with its rival Boeing Co., the European group's U.S. office said Friday.
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Airbus parent EADS  on Monday postponed a major restructuring announcement planned for Tuesday, saying its European political backers could not agree on how to share out construction of its future A350 aircraft.
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US aircraft maker Boeing is in talks to persuade Spanish airline Air Europa to buy the Boeing 787 jet, at the possible expense of European rival Airbus and its A350 plane, the head of Boeing Spain said, according to Spanish press reports.