Airbus says talks continue on site sale in 3 countries

Fri Mar 21, 2008 9:56am GMT
 
Email | Print | | Single Page
[-] Text [+]

PARIS (Reuters) - European plane maker Airbus (EAD.PA) said on Friday it wished to clarify that it was continuing negotiations for the divestment of sites in France, Germany, and the UK.

The sites concerned are Filton, in the UK, St-Nazaire Ville and Meaulte in France, Varel, Nordenham and Laupheim as well as the Augsburg site of EADS in Germany, the statement said.

"In this context, Airbus' management gives priority to the timely development of A350 XWB and continues to take all necessary measures to support it," it said.

(Reporting by Dominique Vidalon)

 
A share trader is pictured behind a mock one dollar bill and a mock 500 Euro note symbolizing a consumer credit note, at the German stock exchange in Frankfurt, December 18, 2008. REUTERS/Kai Pfaffenbach
Credit headwind

News headlines speak of recovery, but financing is still a big problem in Germany. The dearth of credit to tide firms over is frustrating policymakers, who are blaming reluctant banks and there is little agreement on how best to increase lending flows.  Full Article 

Photo

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives
Currency
US $ inGBP =0.6166
Euro inGBP =0.8594
¥en inGBP =0.0067

Most Popular on Reuters UK

  • Articles
  • Videos