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Louis Gallois


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EADS says Gallois committed to serving full term

PARIS (Reuters) - European aerospace group EADS dismissed a newspaper report raising doubts over the future of its chief executive on Friday, saying CEO Louis Gallois remained committed to serving out his appointment in full.

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AVIATION - COMMENTARY: Gulf states swoop in to give air show high fliers a boost

... take 850 orders this year, it’s clear just how sluggish the market’s become. EADS Chief Executive Louis Gallois also raised the spectre of more job cuts by telling the Daily Telegraph that moving Europe’s biggest aerospace firm out of the Eurozone was a “priority.” Airbus does business in dollars and the currency’s been battered by the strong pound and more recently, the Euro. "We...

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Farnborough Air Show: Planemaker EADS wants to flee eurozone

... reopened and the £20bn order may now go to Boeing.Yesterday, speaking at the Farnborough Air Show, Louis Gallois, EADS chief executive, said that moving into the dollar zone was a priority. "The US is in the dollar area, and so we have to be in the dollar area," he said.He said the weak dollar was hurting, but was not critical. "At €1.60 (to the dollar) we are not dead. But we are...

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Boeing optimistic about its Air Force tanker bid

... said he believes Boeing will make a "credible" proposal that "can be and will be a winner."Louis Gallois, chief executive of EADS, said Saturday he is "confident" his team will win the bidding process.The Air Force's original decision provoked fury among U.S. politicians, who objected to the military deal being awarded to an overseas contractor. Boeing had supplied refueling tankers...

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Business News: Rivals go neck and neck in show orders

... deferral or cancellation as spiralling oil prices wipe out airline earnings.EADS chief executive Louis Gallois, speaking at the air show, said: “We know that airlines are having financial difficulties due to oil prices. We have to be careful, but we do not have to panic for the time being.”Airbus said it is assessing risks to the order book on a weekly basis as oil eats into airline...

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Aircraft maker casts cautious eye over struggling carriers

... this year. Meanwhile, Frontier Airlines and a number of others have filed for Chapter 11.Louis Gallois, EADS chief executive, admitted there was also some weakness among the Indian airlines, many of which are recent start-ups.Regulation on domestic fares and special taxes on domestic jet fuel was making the "business cases very difficult. We are discussing some order adjustments but...

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Airbus chief denounces EADS insider inquiry as 'show trial'

... options just over two years ago, netting millions of euros. All have rebutted such suggestions. Louis Gallois, EADS's chief executive, is said to be worried that the investigation could last five years, hurting the company's reputation, orders and efforts to restructure.AMF has been investigating complaints from shareholders since November 2006 that EADS executives exercised stock...

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Liverpool News: Airbus hope to win back deal

... and claimed the original tendering process was flawed.Airbus parent company EADS chief executive Louis Gallois claimed the European aircraft was the best product for the contract.Work on the 179 military aircraft – the first part of a possible order for 500 of the tankers – would help secure the jobs of 7,000 workers at Broughton, near Chester, and others at the Airbus site at Filton,...

2Vote!

Airbus chief criticizes French investigation of EADS

"We have very good lawyers and we have the full support of Louis Gallois and the board, so I am not too concerned," he said, naming the EADS chief executive. "What I can say is that this is a show trial and a piece of bad theater, and that point needs to be made."

1Vote!

EADS CEO confident of winning US tanker contract

... tankers over the next 30 years. “We will get the tanker because we have the best airplane,” Louis Gallois, chief executive of the European aerospace and defense giant EADS, told reporters Saturday in Dogmersfield, in southern England. The Air Force’s original decision provoked fury among U.S. politicians, who objected to the military deal being awarded to an overseas contractor. Boeing...

1Vote!

Airbus CEO Thomas Enders calls EADS insider trading probe a 'show trial'

... Boeing Co., many of Airbus' costs are in euros, while it sells its planes in dollars.EADS CEO Louis Gallois, who did not sell shares at the time, reiterated EADS' support for executives under investigation.France has two related probes, one by the Paris prosecutor, the other by the Financial Markets Authority."I keep my full confidence in people who have not been judged," he said....

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Airbus chief calls probe 'show trial'

... Boeing Co., many of Airbus' costs are in euros, while it sells its planes in dollars.EADS CEO Louis Gallois, who did not sell shares at the time, reiterated EADS' support for executives under investigation.France has two related probes, one by the Paris prosecutor, the other by the Financial Markets Authority."I keep my full confidence in people who have not been judged," he said....

+Vote!

EADS CEO confident of winning US tanker contract

... tankers over the next 30 years."We will get the tanker because we have the best airplane," Louis Gallois, chief executive of the European aerospace and defense giant EADS, told reporters Saturday in Dogmersfield, in southern England.The Air Force's original decision provoked fury among U.S. politicians, who objected to the military deal being awarded to an overseas contractor. Boeing...

+Vote!

EADS CEO confident of winning US tanker contract

... tankers over the next 30 years."We will get the tanker because we have the best airplane," Louis Gallois, chief executive of the European aerospace and defense giant EADS, told reporters Saturday in Dogmersfield, in southern England.The Air Force's original decision provoked fury among U.S. politicians, who objected to the military deal being awarded to an overseas contractor. Boeing...

+Vote!

Airbus CEO: Insider-trading probe a 'show trial'

... Boeing Co., many of Airbus' costs are in euros, while it sells its planes in dollars.EADS CEO Louis Gallois, who did not sell shares at the time, reiterated EADS' support for executives under investigation.France has two related probes, one by the Paris prosecutor, the other by the Financial Markets Authority."I keep my full confidence in people who have not been judged," he said....