Hertrich To Leave EADS | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 02.08.16

Airborne 02.09.16

Airborne 02.10.16

Airborne 02.11.16

Airborne 02.12.16

Airborne Hi-Def On YouTube

Airborne 02.08.16

Airborne 02.09.16

Airborne 02.10.16

Airborne 02.11.16

Airborne 02.12.16

Mon, Dec 06, 2004

Hertrich To Leave EADS

Will Step Down Next Year In Spat Over Coporate Leadership

The trouble with running a company like a marriage is the intensity of the lovers' quarrels. So is the case with the European aerospace consortium EADS.

Right now, the company, which also owns Airbus, is run by two men -- Germany's Rainer Hertrich and Frenchman Philippe Camus. French President Jacques Chirac reportedly wants to put just one person in charge. Hertrich, according to the BBC, said, "EADS should not be a springboard for personal ambition." This, in an interview with the WirtschaftsWoche newspaper for an article that will be published Thursday.

The idea of a single chief at the helm of EADS has also caught the fancy of Airbus CEO Noel Forgeard, which did not escape Hertrich's attention.

"I cannot comprehend that Noel Forgeard, who accomplishes great things as head of Airbus, has such little regard for the international image of the group," he said, quoted by Reuters.

Of course, Forgeard has said in the past that he wouldn't mind being that one person in charge of EADS.

The argument could be moot. German-based Daimler Chrysler owns a 30 percent stake in EADS and it wants things to remain just the way they are.

Both Hertrich's and Camus's contracts expire next July. Hertrich now says he won't renew.

FMI: www.eads.com

Advertisement

More News

Airborne 02.12.16: NEW Mooney!, Not-So-Good GAMA Stats, DA40 Upgrades

Also: A350-1000 Final Assembly, Barnstorming: ATC Privatization, Lithium Issue, Boeing Cuts, Tillamook C-27, Sywell Aerodrome, Massive Airship Mooney International Corporation unve>[...]

Aero-News: Quote Of The Day (02.14.16)

Aero-News Quote of the Day “Business travel to and within Europe continues to show its resiliency. The fact is that we’ve reached a new normal in managing risk, and bus>[...]

ANN's Daily Aero-Term (02.14.16): Braking Action Advisories

Braking Action Advisories When tower controllers have received runway braking action reports which include the terms “fair,” “poor,” or “nil,” o>[...]

ANN's Daily Aero-Linx (02.14.16)

Aero Linx: Army Aviation Association of America AAAA stands for Army Aviation Association of America. The mission of the AAAA is to support the United States Army Aviation Soldier >[...]

Business Travel 'Largely Unaffected' By Attacks In Paris

GBTA Polls Show Increased Business Travel Resiliency Following Terrorist Attacks More than 90 percent of U.S. and European business travel buyers now report that their company&rsqu>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC