Aerospatiale Matra blocks Dassault plan

Article Abstract:

Dassault Aviation SA's plan to split its combat aircraft and business jet businesses has been blocked by Aerospatiale Matra SA. The development shows that Aerospatiale is strengthening its hold on Dassault. The company owns a 46% share of Dassault. A Dassault spokesman said that the company did not know why Aerospatiale was opposed to the plan. The spokesman however, added that perhaps there was a power struggle taking place between the managers of both companies.

Comment:

Dassault Aviation's plan to split combat aircraft and business jet businesses blocked by Aerospatiale

Aircraft Manufacturing, Military Aircraft, Abstract, Defense industry, Aerospatiale Matra S.A., Dassault Aviation S.A.

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Lagardere studies EADS stake sale, setting up a possible family conflict

Article Abstract:

Lagardere SCA is considering the possibility of selling its indirect 11% share of European Aeronautic Defense and Space Co. (EADS). However, such a deal could cause a potential conflict within the Lagardere family.

Guided missiles and space vehicles, Guided Missile and Space Vehicle Manufacturing, Missiles, Aerospace industry, Lagardere Groupe S.A., Guided missile industry, European Aeronautic Defence and Space Company EADS N.V.

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Airbus CEO vows to cut costs without resorting to layoffs

Article Abstract:

Noel Forgeard, the chief executive of Airbus, said that his company would reduce costs without having to layoff workers. The plane maker has been hit by falling demand.

Personnel administration, Human resource management, Beliefs, opinions and attitudes, Airbus S.A.S., Forgeard, Noel

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