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October 05, 2006
Bye, bye Airbus
So the Extraordinary General Meeting today of BAE SYSTEMS shareholders decided by a narrow margin of 99.85% in favour, to sell off the Airbus stake.
Unfortunately I can't really say much, after all it involves 2 of my company's major shareholders. But the recent news of delays on the A380 have plunged the share price, and cast doubts on the future of the commercial bits of BAE SYSTEMS, hence the decision to get out while the goings good. They follow Damlier Chrysler and Lagadere in jumping ship. And with all the infighting over who should be boss, and what nationality they should be, I don't blame them.
Interestingly, I'm currently working with some of our German colleagues, translating a survey my boss created and performed in the UK, into German, French, and Spainish. Gareth's working out all the gizmo's, I'm just making it look good. Which, apparently I'm told, I've a natural flare for. Interesting, working with them. Will have to wait and see if I get any trips out there in the near future 
Posted by alan at October 5, 2006 07:34 PM
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