BAE approves Airbus stake sale; manufacturer under fire over A380 delays

BAE Systems shareholders, as expected, voted in favor of management's plan to sell its 20% holding in Airbus to EADS for €2.75 billion ($3.52 billion), making EADS the sole stakeholder, while lawmakers and labor unions warned Airbus that they may challenge the "Power8" restructuring plans outlined...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.