Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Michael Schoellhorn"


2 mentions found


The chief executive of Airbus has called a lack of European collaboration on major defense projects following Russia's full-scale invasion of Ukraine "frustrating." "That's very challenging, and it's quite frustrating to see that the responses that have been provided so far are mostly of a national nature and not much of a European nature," he said Wednesday. "That's something we think Europe should reconsider and be more consistent, when it comes to working together on large programs." Earlier this month, Michael Schoellhorn, Airbus' defense chief, said in a Financial Times interview that political discussions about steps toward European defence programs had so far been "lip service." Airbus results Wednesday showed that revenues at its defense and space division fell 8% which it attributed to "delays in Space Systems and delivery phasing in Military Air Systems."
Persons: Guillaume Faury, CNBC's Charlotte Reed, Faury, Michael Schoellhorn, Schoellhorn Organizations: Airbus, Air System, Financial Times, Space Systems, Military Air Systems Locations: Ukraine, France, Germany, Europe, European
[1/2] An Airbus A400M military transport aircraft of the German Air Force is pictured in the air during the ILA Berlin Air Show 2022, in Berlin, Germany June 22, 2022. REUTERS/Fabrizio BenschMUNICH, Feb 19 (Reuters) - Slow German government export approvals are holding up Airbus Defence & Space (AIR.PA) defence exports worth several billions of euros, the company's chief executive said on Sunday, urging Berlin to speed up the process. Unfortunately we are having difficulties to get the German export licences on time," Michael Schoellhorn told Reuters in an interview at the Munich Security Conference. "Our problem is that we haven't received any contracts yet from the Zeitenwende and important exports are not being approved. Asked whether in future space developments Europe will have to fall back on Elon Musk's SpaceX company following Airbus Defence & Space's loss of two satellites on a Vega C rocket, Schoellhorn said any such solution would be temporary.
Total: 2