Last update: 15 May 2007 Send to a friend PrintPrint
 

EADS denies reports on "Capital.fr" website

Paris, 15 May 2007

EADS emphatically denies the reports that appeared on the “Capital.fr” website on 14 May 2007, and which have been repeated elsewhere in the media. These reports suggested that Jean-Paul Gut, COO of EADS, having “been pressured to leave the company” is “claiming €12 million in compensation”, partly covered by a “welcome bonus” paid by the Gulf Emirate of Qatar.

This information is completely unfounded and the sums mentioned are pure fantasy. The spreading of this false information can only have been intended to harm the EADS Group and one of its leading managers, Jean-Paul Gut. Furthermore, the EADS company deplores the unacceptable and totally false statements made about the involvement of the Emirate of Qatar, its partner. Consequently, EADS reserves all rights in this respect, including to take legal action for the purpose of stopping this campaign of disinformation.

EADS is a global leader in aerospace, defence and related services. In 2006, EADS generated revenues of € 39.4 billion and employed a workforce of about 116,000. The Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and EADS Astrium, the European leader in space programmes from Ariane to Galileo. EADS is the major partner in the Eurofighter consortium, develops the A400M military transport aircraft, and holds a stake in the joint venture MBDA, the international leader in missile systems.

EADS Corporate Communications:

Wolfgang Reinert Tel.: +49 89 607 27905