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Airbus may have new partners

The Sydney News.Net
Sunday 6th July, 2008

The company which makes Airbus, EADS, was close to finalising two deals prior to the weekend.

British aerospace group GKN is hoping to close a deal with EADS for GKN to take control of an Airbus wings factory at Filton in Britain.

EADS has also been in talks with private French aerospace group Daher to sell it a majority stake in its general aviation unit EADS Socata.

EADS has been working on the parameters of the deals with GKN and Daher for months, hoping for partners to share the US$15.70 billion cost of the next Airbus.

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