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Airbus maker EADS plans to double turnover by
Saudi Press Agency Published in Saudi Press Agency on 26 - 05 - 2008


EADS, the company that makes Europe's
Airbus aircraft, plans to double turnover by 2020 to around 80
billion euros (125 billion dollars), chief executive Louis Gallois
said Monday, according to DPA.
Half that figure would be achieved by the wholly owned Airbus
subsidiary, Gallois told the company's annual general meeting in
Amsterdam.
Gallois predicted orders could come down as a result of current
high fuel prices.
EADS President Ruediger Grube expressed full confidence in
management in the face of a continuing investigation into insider
trading by the French AMF financial authority.

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