France, Germany Weigh in On Airbus Jobs

Summary


PARIS (AP) -- France and Germany urged Airbus on Thursday to keep job losses to a minimum as it restructures, and German Chancellor Angela Merkel indicated that her government is mulling the acquisition of a stake in EADS, the troubled jetmaker's parent company.

The comments by French President Jacques Chirac and Merkel after a summit in Paris underline the pressure on new Airbus Chief Executive Louis Gallois as he prepares to unveil a major turnaround plan for the company.

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France, Germany Weigh in On Airbus Jobs

Gallois has warned of "painful" job cuts at Airbus as he pushes ahead with cost-...

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