Law Blog - WSJ.com (Free subscription) | yesterday
On Thursday, the chief executive of Co., Louis Gallois, said he wasn't particularly worried about the crisis, adding that it will have only a limited impact on his company. EADS, parent of European plane maker Airbus, is benefiting from the stronger dollar. EADS sells its planes in dollars but incurs most of its costs in euros.
Financial Time (Free subscription) | 09/29/2008
Louis Gallois, chief executive of EADS, has stepped in to resolve an escalating row with one of the FrancoGerman aerospace group's suppliers over costly delays to the...
Financial Time (Free subscription) | 09/28/2008
Louis Gallois, chief executive of EADS, has stepped in to resolve an escalating row with one of the Franco-German aerospace group's suppliers over costly delays to the A400M military transport aircraft programme
Naval Open Source INTelligence (Free subscription) | 09/21/2008
Aerospace giant EADS has threatened to freeze production of its Airbus subsidiary's flagship military airlifter if clients do not drop penalty clauses for late delivery, a German news report said Saturday. Der Spiegel weekly, trailing its Monday publication, cited a letter sent by Louis Gallois, the French chief executive of both companies, to the governments of seven countries who have ordered...
Globe and Mail (Free subscription) | 09/25/2008
... the test bed flights and further discussions with customers.In July, EADS Chief Executive Louis Gallois warned of possible delays to the A400M project, saying the group had “decided to stay on the conservative side” when making its full-year earnings forecast “because of our past track record.”Launched in 2003 with an order for 180 planes from seven European governments — Belgium, Britain,...
France24 (Free subscription) | 09/20/2008
Aerospace giant EADS has threatened to freeze production of its Airbus subsidiary's flagship military airlifter if clients do not drop penalty clauses for late delivery, a German news report said Saturday. Der Spiegel weekly, trailing its Monday publication, cited a letter sent by Louis Gallois, the French chief executive of both companies, to the governments of seven countries who have ordered...
Financial Time (Free subscription) | 09/22/2008
EADS, the European defence group, has suffered a blow in its effort to recoup up to €1.4bn ($2bn) in extra costs for developing the Airbus A400M after a rebuff from government ministers.Franz Josef Jung, German defence minister, turned down a written request from Louis Gallois, EADS chief executive, for discussions about reducing the penalties that the company has to pay a seven-nation consortium...
Reuters UK (Free subscription) | 09/17/2008
... January this year, the first flight slipped back to the "autumn" and EADS Chief Executive Louis Gallois said last week he now hoped the plane would fly before the end of the year but that this depended on engine testing.
Maghreb Confidential (Free subscription) | 09/11/2008
Airbus Industrie intends to build a plant in Tunisia under a new plan unveiled by Louis Gallois, chief executive of Airbus’ parent company EADS on Sept. (...)[119mots] [1,5€]
Financial Time (Free subscription) | 09/11/2008
Louis Gallois, the chief executive of EADS, was in Berlin on Tuesday, assuring the German government there was still all to play for in a $35bn competition to supply...
Reuters UK (Free subscription) | 09/16/2008
(Adds no comment from EADS)FRANKFURT, Sept 16 (Reuters) - The head of European aerospace firm EADS (EAD.PA: , , ) has written to the seven main countries that have ordered its Airbus A400M military airlifter to ask them not to make it pay fines for delays, the Financial Times Deutschland reported on Tuesday.Louis Gallois did not detail any concrete figures for further cost increases or time...
Indian Express (Free subscription) | 09/15/2008
... schedule, and the strength of the euro against the dollar has hit profits hard. This week Louis Gallois, chief executive of Airbus’s parent company, EADS, said that, despite the dollar’s recent rise, the exchange rate still posed a grave danger to Airbus, because its costs are largely in euros, whereas planes are priced in dollars. He announced a further round of cost-saving measures this...
France24 (Free subscription) | 09/09/2008
European aircraft manufacturer Airbus will build a components factory in Tunisia to save costs as part of a restructuring plan aiming to save 650 million euros according to Louis Gallois, head of EADS.
Deutsche Welle: DW-WORLD.DE (Free subscription) | 09/11/2008
EADS had initially won the $35-billion (25 billion euro) contract in partnership with US aviation concern Northrop-Grumman -- only to see it put on ice after a congressional oversight agency upheld a protest by rival bidder Boeing."We have a contract and we are striving for an appropriate fulfilment of this contract, EADS chief Louis Gallois said. "We believe that the KC-45 is the best tanker...
Seattle Post-Intelligencer (Free subscription) | 09/10/2008
... Corp. remain the best option for the Air Force in the competition against Boeing Co., CEO Louis Gallois said."We have a contract and will seek an appropriate conclusion to that contract," Gallois said in a statement. "We are disappointed by this decision from the U.S. Department of Defense."Gallois said the contract hasn't been factored into EADS' earnings forecasts, and that...
