BAE defends sale of Airbus stake

UK defence company BAE Systems defended its decision to sell its 20% stake in aircraft builder Airbus in the face of shareholder anger today.

BAE defends sale of Airbus stake
Thu, 04 May, 2006 - 16:23

UK defence company BAE Systems defended its decision to sell its 20% stake in aircraft builder Airbus in the face of shareholder anger today.

The company faced a barrage of questions at its annual general meeting from shareholders concerned about the security of jobs and loss of resources in science, technology and engineering as a result of the sale.

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