Jobs fears amid BAE Airbus sale talks
07/04/2006 - 07:38:41Aerospace giant BAE Systems today announced plans to sell its stake in the Airbus project, leading to union fears about the future of thousands of jobs.
The company confirmed in a short statement that it had entered into discussions with its Franco-German Airbus partner EADS over the sale of its 20% stake.
Discussions were said to be at an early stage but the announcement confirmed months of rumours and led to fresh calls from union leaders for urgent talks.
Around 13,000 workers are employed by BAE Systems building wings for the Airbus, mainly at Broughton in North Wales and Filton, Bristol.
