The Local Germany

Airbus job cuts to hit Germany hardest

Wed, 01 Jul 2020 15:19:20 +0200

German Economy Minister Peter Altmaier on Wednesday urged plane builder Airbus to spread the pain fairly as it cuts 15,000 jobs to deal with lower orders following the coronavirus pandemic.

Airbus fires 16 over suspected German army spying: report

Sun, 01 Dec 2019 15:41:23 +0100

European aviation giant Airbus has fired 16 employees over a case that had prompted Germany to open a probe into suspected industrial espionage, German media reported Sunday.

German probe opens into suspected internal spying at Airbus

Thu, 19 Sep 2019 11:06:44 +0200

German prosecutors have opened an investigation into suspected internal spying by employees of European aviation giant Airbus over two arms projects, sources have said.

Airbus chief warns of 'significant penalties' from bribery probes

Sat, 07 Oct 2017 14:29:22 +0200

Airbus CEO Tom Enders warned on Friday that the aircraft manufacturer could face "significant penalties" relating to ongoing corruption probes including one into the sale of fighter jets to Austria.

Airbus delays could leave German military without transport aircraft in 4 years

Tue, 09 May 2017 19:09:51 +0200

Delays to the Airbus A400M plane meeting its full specifications could leave the German air force without transport aircraft after 2021, according to a confidential report.

Bomb threat on Hamburg flight puts police on high alert

Mon, 20 Jun 2016 10:57:16 +0200

Police in Munich received an anonymous email on Sunday afternoon warning them there was a bomb on a flight between Munich and Hamburg.

Mast collapses onto plane at Berlin airport

Wed, 02 Dec 2015 15:58:57 +0100

An Airbus plane suffered an unusual accident at Berlin's Schönefeld airport in the early hours of Wednesday after it collided with a light mast on the taxiway.

Govt 'lied' to parliament about NSA spying

Wed, 29 Apr 2015 10:48:01 +0200

The government has been accused of lying to the Bundestag (German parliament) after it emerged last week that Chancellor Angela Merkel's office knew German spies were conducting economic espionage on behalf of the Americans.

Airbus offices searched over corruption fears

Wed, 03 Dec 2014 09:26:00 +0100

German investigators searched offices of European aerospace giant Airbus in a probe into suspected corruption over contracts with Saudi Arabia and Romania, the Süddeutsche Zeitung (SZ) reported on Wednesday.

Daimler faces EADS insider trading trial

Tue, 03 Dec 2013 10:04:00 +0100

German auto giant Daimler and French conglomerate Lagardere have been sent for trial in France for alleged insider trading in the sale of shares in aerospace and defence group EADS.

Berlin and Paris revamp strategic EADS holdings

Thu, 06 Dec 2012 11:56:00 +0100

The European Aeronautic Defence and Space Company (EADS), which owns plane maker Airbus, has unveiled a deal to restructure shareholdings meant to reduce the role of France and Germany but preserve their strategic interests.

Truck drops 146-tonne crane on road

Thu, 15 Dec 2011 15:40:00 +0100

The base of a crane, weighing a massive 146 tonnes, fell off the back of a flatbed truck en route to the Airbus base near Hamburg early Thursday morning. The accident caused considerable damage to the road and destroying the vehicle escorting it, but no-one was injured.

Germany to buy Daimler's EADS shares

Thu, 10 Nov 2011 15:52:00 +0100

Carmaker Daimler is to transfer a 7.5-percent stake in European aerospace and defence giant EADS to Germany's state-owned bank KfW, the Economy Ministry announced on Thursday.

Merkel wants old East German plane back

Mon, 29 Aug 2011 17:01:00 +0200

German Chancellor Angela Merkel is reportedly unhappy with her new Airbus A340, which is used for official visits around the world. She now wants an older plane, which the government inherited from communist East Germany, to be given a new lease of life.

Franco-German alliance for warships mooted

Mon, 01 Aug 2011 13:55:00 +0200

Germany and France are reportedly considering a military ship-building alliance, an "EADS of the Seas," that could resemble their current arrangement for military aircraft.

Lufthansa forecasts profits to withstand tough 2011

Thu, 17 Mar 2011 15:48:00 +0100

Leading German airline Lufthansa on Thursday forecast improved operating profit and sales for this year and next, though 2011 is expected to be tough on the airline industry. The airline also announced the expansion and modernisation of its fleet.

Lufthansa A380s to keep flying despite Qantas explosion

Thu, 04 Nov 2010 10:32:00 +0100

German flag carrier Lufthansa said on Thursday it had no plans to ground its three A380 jets after a Qantas flight with more than 450 people on board made a dramatic forced landing in Singapore.

Airbus reportedly slashes price to win US military tanker project

Mon, 12 Jul 2010 18:13:00 +0200

European aerospace giant Airbus has cut its prices in a bid to win a fight with US rival Boeing for a $40-billion US Air Force tanker contract, a German business daily reported on Monday.

Boeing blasts Germany over Airbus loan

Tue, 23 Mar 2010 09:23:00 +0100

US aerospace giant Boeing lashed out Monday at Germany's plans for a multibillion-euro loan to develop Airbus's A350 airliner, ahead of a WTO ruling on EU aid to its European arch-rival.

Germany plans €1-billion loan for Airbus A350

Sun, 21 Mar 2010 14:06:00 +0100

The German government has signaled a willingness to help finance production of the Airbus A350 with loans totalling more than €1 billion, Die Welt reported Sunday. Berlin hopes the funds will help secure Airbus manufacturing sites in Germany.