German Economy Minister Peter
Altmaier on Wednesday urged plane builder Airbus to spread the pain fairly as
it cuts 15,000 jobs to deal with lower orders following the coronavirus
pandemic.
European aviation giant Airbus has fired 16 employees over a case that had prompted Germany to open a probe into suspected industrial espionage, German media reported Sunday.
German prosecutors have opened an investigation into suspected internal spying by employees of European aviation
giant Airbus over two arms projects, sources have said.
Airbus CEO Tom Enders warned on Friday
that the aircraft manufacturer could face "significant penalties" relating to ongoing corruption probes including one into the sale of fighter jets to Austria.
Delays to the Airbus A400M plane meeting its full specifications could leave the German air force without transport aircraft after 2021, according to a confidential report.
An Airbus plane suffered an unusual accident at Berlin's Schönefeld airport in the early hours of Wednesday after it collided with a light mast on the taxiway.
The government has been accused of lying to the Bundestag (German parliament) after it emerged last week that Chancellor Angela Merkel's office knew German spies were conducting economic espionage on behalf of the Americans.
German investigators searched offices of European aerospace giant Airbus in a probe into suspected corruption over contracts with Saudi Arabia and Romania, the Süddeutsche Zeitung (SZ) reported on Wednesday.
German auto giant Daimler and French conglomerate Lagardere have been sent for trial in France for alleged insider trading in the sale of shares in aerospace and defence group EADS.
The European Aeronautic Defence and Space Company (EADS), which owns plane maker Airbus, has unveiled a deal to restructure shareholdings meant to reduce the role of France and Germany but preserve their strategic interests.
The base of a crane, weighing a massive 146 tonnes, fell off the back of a flatbed truck en route to the Airbus base near Hamburg early Thursday morning. The accident caused considerable damage to the road and destroying the vehicle escorting it, but no-one was injured.
Carmaker Daimler is to transfer a 7.5-percent stake in European aerospace and defence giant EADS to Germany's state-owned bank KfW, the Economy Ministry announced on Thursday.
German Chancellor Angela Merkel is reportedly unhappy with her new Airbus A340, which is used for official visits around the world. She now wants an older plane, which the government inherited from communist East Germany, to be given a new lease of life.
Germany and France are reportedly considering a military ship-building alliance, an "EADS of the Seas," that could resemble their current arrangement for military aircraft.
Leading German airline Lufthansa on Thursday forecast improved operating profit and sales for this year and next, though 2011 is expected to be tough on the airline industry. The airline also announced the expansion and modernisation of its fleet.
German flag carrier Lufthansa said on Thursday it had no plans to ground its three A380 jets after a Qantas flight with more than 450 people on board made a dramatic forced landing in Singapore.
European aerospace giant Airbus has cut its prices in a bid to win a fight with US rival Boeing for a $40-billion US Air Force tanker contract, a German business daily reported on Monday.
US aerospace giant Boeing lashed out Monday at Germany's plans for a multibillion-euro loan to develop Airbus's A350 airliner, ahead of a WTO ruling on EU aid to its European arch-rival.
The German government has signaled a willingness to help finance production of the Airbus A350 with loans totalling more than €1 billion, <i>Die Welt</i> reported Sunday. Berlin hopes the funds will help secure Airbus manufacturing sites in Germany.
The German head of the European plane maker Airbus on Tuesday accused the US government of partiality in its tender for military tankers after Airbus and US partner Northrop Grumman threw in the towel.
After an arduous negotiation process in Berlin, Germany and six other European nations finally struck a deal with EADS late on Friday for completing the development of the Airbus A400M military transport plane.
Talks in Berlin on the troubled Airbus A400M military transport plane ended without a breakthrough on Friday but the parties still aim to reach an agreement by January 31, Germany said.
The German head of European plane maker Airbus is preparing to ditch its A400M military transport project which is bogged down in talks with clients, the Financial Times Deutschland reported on Tuesday.
