Airbus said yesterday that it has "terminated negotiations" with MT Aerospace regarding the divestiture of three German industrial plants and conceded that talks with other companies on sales of plants in the UK and France, while still ongoing, are proving difficult in the current economic environment. As part of its Power8 restructuring program, Airbus and parent EADS committed to partially or completely selling off major industrial plants to "partners" that will share in the risk, ...

Subscribe to Access this Entire Article

"Airbus ends negotiations with MT Aerospace on divestiture of German sites" 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.