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Airbus ends the negotiations with MT Aerospace

Toulouse, France - Gallois: "The financial crisis makes difficult the sale"

Following to several months of intensive negotiations OHB/MT Aerospace and Airbus have ended talks regarding the purchase of three German factories at Nordenham, Varel and Augsburg. The partners were unable to agree on a solution economically acceptable for both sides. Despite constructive negotiations, however, differing, irreconcilable concepts remained. According to Louis Gallois, EADS Executive...

AVIONEWS - World Aeronautical Press Agency - 1087691

AVIONEWS - World Aeronautical Press Agency
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