Airbus's management changes and restructuring program are expected to be a prime topic at today's Franco-German summit in Paris, with French President Jacques Chirac, German Chancellor Angela Merkel and their economic advisers discussing what role the respective governments should play in monitoring the aircraft manufacturer's Power8 cost-cutting plan. Both governments have signaled that job cuts and facility closures will be scrutinized carefully. France owns a 15% stake in Airbus parent ...

Subscribe to Access this Entire Article

"Franco-German summit focuses on Airbus crisis" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.