Aviation news and digest

The French press goes on covering the implications of the AMF

Posted in EADS by avianews on April 7, 2008

probe for EADS. In a comment piece, David Victoroff, columnist for Valeurs Actuelles, tries to understand the “EADS imbroglio” after the AMF confirmed its suspicions of insider trading and information misuse. All the good work done by Louis Gallois to re-establish a “climate of confidence” within the company is now under threat. Above all, this affair demonstrates yet again the difficulties of having public and private shareholders -with different national interests- coexist within the same capital structure. Things are simpler at Boeing, for instance, a purely private group. In an interview with Les Echos, Daniel Labetoulle, president of the AMF sanction commission, acknowledges that the EADS case is “delicate”, with huge media sensitivity. Still, he hopes to see this affair closed “in the first half of 2009”.
Les Echos, Valeurs Actuelles, La Vie Financiere

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