French judges filed preliminary charges Wednesday against former Airbus CEO Gustav Humbert as part of an investigation into alleged insider trading, a judicial official said
On June 18, when French authorities put a second EADS executive under formal investigation for insider trading, it was the latest reminder that European regulators were getting serious about cleaning up their stock markets. Insider trading has long been on the statute books in France. To date, however, only one Frenchman has ever landed in jail for the offense, even though the law allows for sentences of up to two years.
A former co-CEO of Airbus parent company EADS, Noel Forgeard, was hit with preliminary insider trading charges Friday in an extensive probe into stock sales
French authorities on Friday notified the former co-chairman of French aerospace giant EADS that he is under investigation for insider trading.
The French markets regulator said Tuesday it has found evidence of insider trading at EADS, the parent company of Airbus.
With capacity for more than 800 passengers and an operational range of 15,000 kilometers, the Airbus A380 superjumbo has caught the imagination like no other aircraft since Concorde.
To the casual reader of the business headlines the air industry can sometimes appear to exist on the brink of near permanent calamity.
The next generation of passenger jets from the world's biggest airplane manufacturers will soon be coming off the production line.
In a few months' time the world's largest commercial airliner will take to the skies for its maiden test flight, carrying with it the fortunes of European aerospace giants Airbus.
When European plane makers Airbus unveiled plans to build a 555-seat superjumbo in 2000, there were doubts over the company's ability to pull off the $11 billion program.
Down a narrow country road on a dark night, the first sections of what will be the world's largest airliner were threading their way through the village of Levignac, France.
Forget Ford vs. Chevy, Pepsi vs. Coke, or Nokia vs. Motorola. The most intense corporate rivalry now, with the biggest prize, is the one between Airbus and Boeing. "Feast or famine" doesn't begin ...
It's a story that has become hackneyed but still resonates in real life: After years of toil, the understudy finally goes on stage and brings down the house. The latest rendition of this show-biz p...