Airbus chief calls probe 'show trial'

Courtesy Topix - Business News  Sun, 07/13/2008 - 07:38

Airbus CEO Thomas Enders dismissed a French insider trading investigation as a 'show trial' and said probes into his sale of shares in parent company EADS have not affected the way he runs the European planemaker.

French investigators are looking at share sales by company executives and shareholders at the aerospace and defense giant before a June 2006 announcement of delays for the A380 superjumbo.

EADS shares tumbled 26 percent in one day when those problems were revealed. ...

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