TOULOUSE, France, July 16 (UPI) -- Airbus parent EADS has abandoned its twin chief-executive structure and named France's Louis Gallois as sole chief executive officer, the company said Monday.

TOULOUSE, France, Feb. 19 (UPI) -- Pan-European aircraft manufacturer Airbus said Monday an announcement of its restructuring plan has been postponed to an undetermined date.

PARIS, Oct. 9 (UPI) -- The head of Airbus SA, the troubled Franco-German aeronautical giant, has resigned because he cannot obtain the autonomy he wants to manage effectively.