EADS Offers to Split Deal With Boeing
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Airbus SAS's parent company has proposed splitting a contested U.S. Air Force contract for refueling tankers with its rival Boeing Co., the company said Friday.
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Airbus plans to challenge Boeing Co. by offering a new aircraft as early as year-end, its chief executive says. The Toulouse, France-based plane maker is &quot;reflecting&quot; on whether to introduce an all-new plane
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The French president wants an agreement to streamline the dual French-German management at Airbusâs parent company, EADS.
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Air France  announced a $7  billion aircraft order on Thursday, split between Airbus   and Boeing .
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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 United States is to press the Europe to end subsidies to Airbus Industrie in talks Thursday, but the EU says any such cuts must be matched by pledges to slash government help for US plane maker Boeing.
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Airbus, the European aerospace giant, is looking for a US partner to bid for a multi-billion dollar contract to supply the US Air Force with aircraft refuelling tankers.
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Airbus parent EADS has pledged to consult workers before selling plants or cutting jobs as part of a plan to rescue the planemaker, the works council at EADS said on Friday.Comment
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The airline is offering the buyouts in an effort to cut costs as the discount carrier heads into a period of expected slower growth.
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Germany's government says talks with Daimler Chrysler over aerospace group EADS have produced an outline deal.
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The German government said it was nearing a deal in which German banks would buy a stake in EADS as DaimlerChrysler reduces its holdings in the company.
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Airbus and its parent company EADS could disclose new delivery delays for the A380 superjumbo as well as a restructuring plan for the aircraft manufacturer following a meeting of EADS directors.
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American Airlines is in talks with The Boeing Co. to defer delivery of some aircraft as airline capacity exceeds demand and pushes down ticket prices, Chief Financial Officer James Beer said.
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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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Europe's EADS   trumpeted a deal to sell three jet-refueling planes to Saudi  Arabia on Thursday while jockeying with Boeing  for a far  bigger prize, a U.S. Air Force tanker order worth $40 billion.
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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).
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Germany gives up its share of the top job at EADS in exchange for the top job at Airbus.