Airbus insisted that it would not cut jobs in Europe, even as it made plans to find additional savings by shifting more production outside of the Continent.
Airbus insisted that it would not cut jobs in Europe, even as it made plans to find additional savings by shifting more production outside of the Continent.
Ben Verwaayen, who was appointed chief executive on Tuesday, said he would push forward with the integration of the troubled French-American company.
Alcatel-Lucent moved to right its struggling business and smooth its internal conflicts, appointing two veteran European business leaders to its top posts.
The Pentagon reopened bidding for a $35 billion Air Force tanker contract after a first attempt that featured bitter competition between Northrop Grumman and Boeing.
The Pentagon reopened bidding for a $35 billion Air Force tanker contract after a first attempt that featured bitter competition between Northrop Grumman and Boeing.
Under continuing pressure from a sagging dollar, EADS, the parent of the aviation giant Airbus, said that it would extend a restructuring program and step up outsourcing.
The parent of the plane maker Airbus said Wednesday that its second-quarter earnings rose from a year earlier as it sold more planes and cut costs across the business.
With jet fighters overhead, it was easy to be distracted at the Farnborough International Airshow last week. But for executives, there were distractions on the ground, too.
Whatever the outcome of the reopened$35 billion competition for midair refueling tankers for the United States Air Force, there will be winners and losers on both sides of the Atlantic.
Whatever the outcome of the reopened$35 billion competition for midair refueling tankers for the United States Air Force, there will be winners and losers on both sides of the Atlantic.