Posted on 10/08/2006 12:47:24 PM PDT by lowbuck
The fate of a rescue plan for Airbus hung in the balance over the weekend amid a power struggle between its chief executive and his bosses at European Aeronautic Defense & Space over how much independence Airbus's management should retain.
According to three people with direct knowledge of the situation, the disagreements between the two sides are significant enough that Christian Streiff, who became chief executive at Airbus in July, is poised to resign after losing the support of top EADS executives. One person said Streiff could depart as early as Monday.
(Excerpt) Read more at iht.com ...
Mexican firing squad.Couldn't happen to a nicer continent.
Airbus seems so inept are you sure the same folks running it aren't running our state dept.?
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