EADS postponed yesterday's planned disclosure to Airbus employees of details of the Power8 restructuring program as French and German officials argued over the distribution of job cuts and facility closures, but EADS co-CEO and Airbus CEO Louis Gallois warned that the manufacturer "cannot delay any longer" implementing reforms. "The EADS board of directors interrupted its work on Power8," EADS said, pointing to the need to "find an agreement regarding the cross-national sharing of the ...

Subscribe to Access this Entire Article

"Power8 postponed as Franco-German tensions mount" 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.