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​Spanish shares increase non-starter for Airbus

4th November 2019 - 12:44 GMT | by Tim Martin in Donauwörth


Manufacturer Airbus has officially confirmed that it will not offer the Spanish government an increased share in the company as a means to Madrid potentially reversing its decision to select Indra as the state's preferred industry partner for the Franco-German FCAS programme.

Airbus is actively engaged in discussing the initial decision, made in September, with Spain, in the hope that decision makers displace Indra, but should that eventually happen, an alternative solution to raising Madrid’s state share in Airbus beyond 4% will have to be found.

‘That [idea] is not at all in line with what we are working

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Tim Martin


Tim Martin

Tim Martin is Air Editor for Shephard Media, based in Belfast. 

Tim has experience writing …

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