Airbus denied widespread reports that CEO Christian Streiff tendered his resignation to EADS co-CEOs Tom Enders and Louis Gallois last week, and French Prime Minister Dominique de Villepin yesterday backed Streiff in televised comments. European media reported that Streiff, who has been on the job just three months, clashed with Enders and Gallois over the Power8 restructuring plan announced earlier last week that aims to slash Airbus overhead costs by 30% (ATWOnline, Oct. 6). Airbus and ...

Subscribe to Access this Entire Article

"Airbus denies Streiff resignation reports" 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? ATWPlus@penton.com.