German government pushes ahead on EADS stake purchase by KfW

BERLIN - The German government is pressing ahead with its plan to buy a stake in Airbus parent EADS from Daimler , after this month's collapse of a merger plan with BAE , and has asked parliament to free up funds for the purchase.

German government pushes ahead on EADS stake purchase by KfW 3:14pm EDT

BERLIN - The German government is pressing ahead with its plan to buy a stake in Airbus parent EADS from Daimler , after this month's collapse of a merger plan with BAE , and has asked parliament to free up funds for the purchase.

Did French prime minister accidentally reveal big Airbus order? 2:50pm EDT

TOULOUSE, France - Airbus parent EADS, whose merger talks with BAE Systems leaked to the press in the summer, may find more of its business subject to accidental early disclosure - this time by the French prime minister.

France backs Airbus in funding row with Germany 10:10am EDT

TOULOUSE, France - France backed Airbus on Tuesday in a row with Germany over funding for its next jetliner, in a sign of lingering tension following the collapse of a European aerospace industry merger.

Shell from Syria hits Turkish health centre: CNN Turk 7:35am EDT

ISTANBUL - An anti-aircraft shell fired from Syria hit a health center across the border in the Reyhanli district of Turkey's Hatay province on Tuesday but there were no immediate reports of injuries, CNN Turk television said.

Airbus opens A350 plant to meet rising competition 5:29am EDT

TOULOUSE, France - European planemaker Airbus inaugurated a factory for its A350 jetliner on Tuesday, sparking a new phase in the race for fuel efficiency and profits with U.S. rival Boeing.

French PM says EU states must meet Airbus pledges 5:28am EDT

TOULOUSE, France - The European partners behind planemaker Airbus must fully meet their commitments regarding the planemaker's new A350 widebody passenger jet, French Prime Minister Jean-Marc Ayrault said on Tuesday.

BAE shareholders urge top executives to leave: FT 22 Oct 2012

LONDON - A group of BAE Systems shareholders has demanded the resignation of leading figures at the company, following the collapse of its proposed $45 billion merger with EADS , the Financial Times reported on Tuesday.

Boeing speeds up plants for soaring demand, but can it deliver? 22 Oct 2012

EVERETT, Washington - As director of 777 manufacturing at Boeing Co , Jason Clark is busy overseeing more than 3,000 factory workers who build seven of the $300 million airliners every month.

Greece's Aegean Airlines to buy rival Olympic Air 22 Oct 2012

ATHENS - Greece's Aegean Airlines is making a fresh attempt to buy Olympic Air, this time for an agreed 72 million euros, in a bid to generate savings to cope with the country's deep recession and create a stronger domestic competitor to foreign rivals.

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