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Airbus Parent Company Considers Selling Factories
EFL[EADS Co-Chairman] Bischoff, told the International Herald Tribune newspaper that EADS would be open to selling factories but only if the buyers could operate them, as sub contractors, more cheaply than Airbus. Commenting on the crisis and uncertainty wracking Airbus and its parent company the European Aeronautics Defense and Space Company, he said in an interview: "If it's only changing hands for the sake of ownership, it's not worthwhile." Commenting on criticism, notably from financial analysts, that the problems at Airbus arise largely from political interference to defend the national interests of partners and industrial jobs, Bischoff commented that two big private shareholders, the German auto group DaimlerChrysler and Lagardere Group of France, did not necessarily accept such pressures. He said: "There is no reason to assume that DaimlerChrysler or Lagardere Group want to make sacrifices on the altar of national feelings." Posted by: mrp 2006-10-13 |
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