Berlin warns EADS over Airbus plans

5th February 2007, Comments 0 comments

BERLIN, Feb 4, 2007 (AFP) - The German government will review its defence contracts with Franco-German aeronautics company EADS if the restructuring of Airbus severely harmed German interests, Economy Minister Michael Glos threatened on Sunday.

BERLIN, Feb 4, 2007 (AFP) - The German government will review its defence contracts with Franco-German aeronautics company EADS if the restructuring of Airbus severely harmed German interests, Economy Minister Michael Glos threatened on Sunday.

"We insist that Germany must remain a high technology site for Airbus and particularly as far as fuselage in concerned," Glos told the Bild am Sonntag newspaper.

"If this is not the case, then Germany will have to review its defence contracts with the mother company Airbus," he added.

Der Spiegel news magazine reported that Chancellor Angela Merkel planned to meet with EADS head Louis Gallois before he announces major cost cuts at Airbus later this month.

A spokesman for the German government declined to comment on the report, but told AFP that Berlin "would use all means at its disposal to represent the interests of German workers to EADS."

German employees of Airbus staged countrywide demonstrations on Friday in protest against the restructuring plans which they fear could lead to the loss of up to 8,000 jobs in Germany.

Details of the "Power 8" cuts, drafted in the face of costly delays to the Airbus 380 superjumbo programme, are not yet known, but are scheduled to be announced within the next three weeks.

Airbus employs a total 23,000 people on a full-time basis at seven sites in Germany, plus a further 6,300 part-time.

Copyright AFP

Subject: French news, Airbus, Germany, EADS

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