Air­bus par­ent may seek to refuse Ger­man sup­port

The Washington Times Daily - - Business -

BER­LIN | Euro­pean aero­space gi­ant EADS is ex­am­in­ing if it can do with­out Ger­man sup­port, amid in­creas­ing pres­sure from Ber­lin to safe­guard Ger­many’s in­ter­ests, a Frank­furt news­pa­per re­ported Mon­day.

In Fe­bru­ary, Tom En­ders, the group’s new chief ex­ec­u­tive, sparked anx­i­ety in Ber­lin by an­nounc­ing the group would be re­struc­tured, with man­age­ment of the gi­ant to be con­cen­trated in the south­ern French city of Toulouse, as op­posed to the cur­rent Paris-mu­nich-toulouse split.

But Peter Hintze, Ger­many’s co­or­di­na­tor for the aero­space sec­tor, called it “un­ac­cept­able” that Ger­man plants would not be ex­panded and called for a “re­ver­sal of the trend.”

To avoid such pres­sure from Ber­lin, EADS and its sub­sidiary Air­bus are now look­ing at whether they can do with­out de­vel­op­ment sup­port from the fed­eral gov­ern­ment, the All­gem­ine Zeitung re­ported, quot­ing sources close to the com­pany.

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