Yesterday the case was even a political twist

After the stock market storm, the A380 problems turning the crisis opened within EADS between German and French leaders of the Aviation Group of its Airbus subsidiary. Believe Noël Forgeard and Arnaud Lagardère, respectively Executive Co-Chairman and Vice President of the Board of Directors of EADS, Airbus Executive was told that very late the Motherhouse of the delays in production of the very large carrier. "The Board of EADS learned these problems very recently," says Arnaud Lagardère in an interview with the "world". In May (...) we have asked the question to the pattern of Airbus, Gustav Humbert, and its teams on a possible delay of the program. His response was: we have no information that would allow us to conclude that there is a shift of deliveries.

The day before, the Executive Co-Chairman of EADS, Noël Forgeard, had held the same speech at a conference with financial analysts: "We have been advised for only very recently and very suddenly deliveries delayed." The direction of Airbus knew that there was a risk, but said it was under control, up to the point where this risk has turned into certainty of delay.

Adam wants an investigation

Noël Forgeard, who assumed the Presidency of Airbus before arriving at the head of EADS in 2005, had already mentioned, three weeks ago, "a situation of crisis" at Airbus, to the chagrin of his successor Gustav Humbert, who had not hidden its displeasure. Noël Forgeard nor Arnaud Lagardère were able to announce measures to deliver the A380 programme on track. "The suddenness of the problem has not allowed us to develop a plan, but we are think", provides Noël Forgeard, which suggests a reorganization in "depth" of the aircraft manufacturer. With dotted, of possible changes in the organizational structure of Airbus. But the Franco-German dispute and debate on responsibilities in the report of the deliveries, this explanation also allows two leaders of EADS is clear suspicion of crime of insider, on sales of shares in the Group carried out last March by Noël Forgeard and in April by the Lagardère Group, just before that will be known long series of difficulties in Airbus.

"Our decision to transfer 7.5 of the capital of EADS was taken back to 2005," says Arnaud Lagardère. I have the choice to go to someone dishonest or incompetent, who does not know what is happening in its factories. I assume this second version. "Meanwhile, Noël Forgeard said:"since my departure from the Presidency of Airbus, eighteen months ago, I must rest on the information that are issued. "This explanation does not satisfy the Association for the defence of minority shareholders (Adam), wishing that the stock market authorities"open an investigation into sales of actions taken by the leadership of EADS. Yesterday, the case was even a political twist. Denouncing "small arrangements between friends", the Socialist Party and the Communist Party have asked the Government to "shed light on these practices." For its part, the UMP Deputy Jacques Myard claimed the establishment of a commission of inquiry "to make clear a transaction that creates the impression of an Insider".