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Author Topic: Wrangling hits Airbus restructure  (Read 1615 times)

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Offline casper

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Wrangling hits Airbus restructure
« on: February 19, 2007, 01:55:08 PM »
Airbus has been forced to postpone an announcement on a major overhaul of the business, amid disagreement between its various European partners.
The struggling planemaker said it had shelved plans to reveal a radical restructuring, likely to result in thousands of job losses, on Tuesday.

France, Germany, the UK and Spain, all home to Airbus factories, have been unable to agree on future contracts.

Costly delays to the A380 superjumbo have hit the company's finances.

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