Germany and France are preparing to hold a high level meeting to address how an overhaul of Airbus will affect jobs in their respective countries. German Chancellor Angela Merkel and French President Jacques Chirac are expected to jointly hold talks with the plane maker’s parent company, EADS,[...]
Posts Tagged ‘Airbus’
June 5th, 2012 - 10:24 am § in News Of Economy
Airbus controversy holds center stage in Franco-German summit
April 8th, 2012 - 6:22 am § in News Of Economy
UK can face more job cuts in Airbus
French President Nicholas Sarkozy’s vow to reopen discussions about the Airbus restructuring plan has triggered concerns that UK might face further job cuts than those set out earlier this year under Airbus’ Power8 restructuring plan. UK MP, Peter Luff, assert that Mr Sarkozy might attem[...]
April 8th, 2012 - 6:18 am § in News Of Economy
France demands Berlin to streamline double-headed management
EADS, the parent company of airbus plane maker, might soon overhaul its management as France has forced Germany to take direct stake in EADS to guarantee its interests in the company. EADS is regulated from both France and Germany. Company’s shareholders are criticizing management from a long [...]