European Aeronautic, Defence & Space Co. was urged by the Children’s Investment Fund to distribute its stake in Dassault Aviation SA to shareholders as the hedge fund increases pressure to boost returns.
Boeing Co.’s four-decade-old 747 jumbo jet picked up a new fan base at the Paris Air Show as its latest version won customers and eclipsed the bungled appearance of Airbus SAS’s A380 flagship double-decker.
Hours before announcing plans for the biggest merger in aerospace history, Tom Enders stood on a Berlin airfield and poked fun at the title of German aviation coordinator Peter Hintze by calling him ``the Terminator.''
Cravath Swaine & Moore LLP announced year-end bonuses for associates, ranging from $10,000 for the newest associates to $60,000 for the most senior, according to a memo the firm gave its lawyers that was obtained by Bloomberg News.
European Aeronautic, Defence and Space Co. plans to accelerate cost cuts at one of its main in- house suppliers with the help of new management, just weeks before the planned maiden flight of its latest Airbus A350 jet.
European Aeronautic, Defence & Space Co. and BAE Systems Plc are working through the weekend to win government backing for their proposed merger, raising the odds of missing a midweek deadline to formalize their plan.
World Trade Organization appellate judges sided with the U.S. over illegal government subsidies to Boeing Co., the U.S. Trade Representative’s Office said. Airbus SAS called the ruling a “sweeping loss” for Boeing.