Air Transport World

Airbus stalls on Power8 sales.(News Briefs)(Airbus S.A.S. terminates negotiations with MT Aerospace regarding divestiture of its industrial plants)(Brief article)

Airbus in late March said it had "terminated negotiations" with MT Aerospace regarding the divestiture of three German industrial plants, a key component of its Power8 restructuring, and conceded that talks with other companies on sales of factories in the UK and France were proving difficult in the current economic environment.

Airbus said it will "continue searching for other solutions" for the three German sites. It added that negotiations to sell the wing component and subassembly manufacturing part of its Filton plant to GKN and to form a JV with Latecoere for ownership and management of French sites Meaulte and St. …

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