Finally EADS and Airbus may have found agreement to return the management structure to normal standards.
All parties really need to make this work!
http://www.forbes.com/afxnewslimited/fe ... 15546.html
A solution for Airbus
Moderator: Latest news team
A solution for Airbus
There are no strangers in the world, just friends we have yet to meet.
update confirms changes
http://www.bloomberg.com/apps/news?pid= ... refer=home
Apparently I was being a little optimistic, it sounds like some critics are saying this may not cure the Ill's facing Airbus, but rather make them worse and if Chancellor Merkel's comments about no funding for the A350 are correct, it would certainly put some big obstacles in the way of development.
http://www.telegraph.co.uk/money/main.j ... bus117.xml
Apparently I was being a little optimistic, it sounds like some critics are saying this may not cure the Ill's facing Airbus, but rather make them worse and if Chancellor Merkel's comments about no funding for the A350 are correct, it would certainly put some big obstacles in the way of development.
http://www.telegraph.co.uk/money/main.j ... bus117.xml
There are no strangers in the world, just friends we have yet to meet.
I agree that until the board structure is "deregulated" the fundamental problems will continue. Board problems are even worse because of the "Golden Share" which Germany and France will hold to veto any strategic level decision with which they do not agree.
I cannot see the situation improving until either France or Germany see the light and realise their interests are better served by a broader shareholder base, still maintaining a large non controlling interest in a better structured company. Can't see either of them going for this however.
It would appear that we may have to wait for another crisis for another oppurtunity to make fundamental changes. Sad!
Ruscoe
I cannot see the situation improving until either France or Germany see the light and realise their interests are better served by a broader shareholder base, still maintaining a large non controlling interest in a better structured company. Can't see either of them going for this however.
It would appear that we may have to wait for another crisis for another oppurtunity to make fundamental changes. Sad!
Ruscoe
There are always legitimate national interests involved in these types of companies.
If Boeing elected to move to China, they would probably be nationalized. Boeing knows that would be a huge mistake (they would never try it), where as Ford can make cars in China with no problems.
That said, the European structure is more analogous to American states fighting to capture and hold companies, but with national powers involved. A horrible way to run a business, but the reality for EADS.
How you get out of a mess like that I haven’t a clue, but this link sure makes it clear how convoluted it all is, while not answering any questions.
http://www.flightglobal.com/articles/20 ... irman.html
If Boeing elected to move to China, they would probably be nationalized. Boeing knows that would be a huge mistake (they would never try it), where as Ford can make cars in China with no problems.
That said, the European structure is more analogous to American states fighting to capture and hold companies, but with national powers involved. A horrible way to run a business, but the reality for EADS.
How you get out of a mess like that I haven’t a clue, but this link sure makes it clear how convoluted it all is, while not answering any questions.
http://www.flightglobal.com/articles/20 ... irman.html