The future of Christian Streiff is in any case issue

The iron arm hardens between the pattern of Airbus, Christian Streiff, and its shareholder EADS. Appointed three months ago, the CEO of the European aircraft manufacturer threatens to resign if the restructuring plan that it has proposed is not approved by its parent. A further step in the crisis that began on September 29. This savings programme aims to heavy financial losses caused by delays in delivery of the A380. An imminent departure was still denied Friday evening by the manufacturer. "Mr. Streiff did not resign." "All this is speculation," said a spokesman for the group. "There is no reason that he resigned", added, yesterday evening, Dominique de Villepin to the Grand Jury RTL - LCI.

Yet, the new boss of Airbus actually wielding this threat to accept its restructuring program, which provides for job losses and a great industrial reorganization by its shareholders. In France, Nantes and Meaulte (sum) sites may be concerned, but it is in Germany, where the manufacturer has 7 sites (against 4 in France), that the measures could be more drastic. Christian Streiff suggest including to repatriate all of the production of the A380 in Toulouse. Even if their proposed to compensate the Assembly of the range of the A320, the Germans worry for the site of Hamburg, which employs 2,500 people for the only program of the giant aircraft. Falling within its purview, wiring problems on it have shown finger explain the woes of the A380.

Franco-German Summit

Paris and Berlin want the crisis to be resolved before the Franco-German Summit, to be held in the Elysee Palace next Thursday. The subject is very sensitive, because it reveals a double line of fracture. The CEO of Airbus, which depends on online direct Thomas Enders, EADS Vice President, intends to impose his company a purely industrial logic, even if escape and concealment of its shareholder, largely public and very concerned about the threat of job losses.

The principle of the restructuring, the details are not known, has been validated, but Christian Streiff now wants a free hand to run it.

The situation also translated strong questions about the future of Franco-German cooperation within EADS. Since its creation six years ago, the governance of the group is based on a control to French parity State and Lagardère and German, via DaimlerChrysler. German, it enjoys little paying the more saline social invoice. "We must prevent that all moves to the France", said Defence Minister Franz Joseph Jung in an interview with the "Spiegel". The combativeness contrasts with the discretion of Paris and Louis Gallois, EADS French pattern. As Arnaud Lagardère, who seemed to want to accentuate its disengagement, it now finds itself in an uncomfortable situation to explain its silence.The future of Christian Streiff is in any case issue. It certainly has a weight argument: his departure after only three months would further weaken, European manufacturer in a turmoil without precedent at the same time where the market is experiencing a boom period. But, the former number two of Saint-Gobain and ex-dauphin of Jean-Louis Beffa, thanked brutally by the latter who alleged his intransigence and his clumsiness, must ensure not to be caught up by his old demons. Was relevant, for example, urbi and orbi announced it would take fifteen years to catch up with Boeing