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Airbus says EADS-BAE tie-up would strengthen firm
September 13, 2012 / 8:29 AM / 5 years ago

Airbus says EADS-BAE tie-up would strengthen firm

BERLIN (Reuters) - A combination of EADS and BAE Systems would strengthen Airbus and would not affect its daily operations, the chief executive of the planemaker said.

“Airbus welcomes the news of a possible business combination of EADS and BAE Systems,” Airbus CEO Fabrice Bregier said in a letter to employees seen by Reuters on Thursday.

“Such a combination would strengthen EADS and BAE Systems - thereby making Airbus part of a stronger company overall,” he said, adding that any deal would not affect Airbus’ organisation, product plans, manufacturing or future strategies.

BAE Systems and EADS said on Wednesday they were in talks to create an industry leader that would overtake U.S. rival Boeing in sales and contend with defence cutbacks in Europe and the United States.

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