Summary
TROUBLED Airbus owner EADS has ousted co-chief executive Noel Forgeard as part of a management shake-up in a bid to resolve a crisis over the A380 jumbo jet.
EADS also said it will integrate Airbus more closely into the company as a whole after it has bought back BAE's 20pc stake, thought to be worth between Pounds 3bn and Pounds 4.5bn.See the full content of this document
Extract
Eads Finally Grounds Its Bosses
An announcement regarding BAE's holding is expected as early as today.
The UK ...See the full content of this document
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