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EADS shifts work out of Europe

China Daily | Updated: 2008-09-11 07:54

EADS shifts work out of Europe

An Emirates Airline Airbus A380 jet taxis after arriving at JFK International Airport in New York. Bloomberg News

European Aeronautic, Defence & Space Co said it will shift work to non-European countries including Tunisia as it seeks 1 billion euros in cost-savings, two-thirds from its planemaking unit Airbus SAS.

EADS shifts work out of Europe

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