aerospace

Airbus-maker EADS set to cut 1,000 French jobs
EMPLOYMENT

Airbus-maker EADS set to cut 1,000 French jobs

EADS profits nosedive for first half of 2011
BUSINESS

EADS profits nosedive for first half of 2011

European defence group EADS saw its profits tumble 41 percent in the first half of 2011 to 109 million euros ($156 million) but maintained its positive outlook on surging orders, it said Friday.