PARIS: Mounting pressure from European governments Monday blocked a long-awaited restructuring plan for EADS that was expected to result in thousands of lost jobs at the company's troubled Airbus unit.The latest standoff seemed to lay bare the frustration among top Airbus management after weeks of squabbling by politicians in Germany, France and Britain — all lobbying hard to preserve jobs in their countries. The board of EADS said Monday that it had failed to reach agreement on the plan, which the plane maker had intended to announce this week. In a terse statement issued from Airbus headquarters in Toulouse, France, the Airbus chief executive, Louis Gallois, stressed "the need to very quickly find a solution that overcomes national issues."
| "There are still a lot of the old French and German conflicts that haven't been resolved." |