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 ...

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