CASA Crash

Questions and concerns about the safety and reliability of EADS CASA aircraft, and about the reliability of EADS as a U.S. defense partner

12 October 2006

Kremlin wants role in EADS management decisions

The Kremlin wants to have a role in making management decisions for EADS, adding to the controversy surrounding its purchase of a five percent stake in the company and President Putin's open desire for more.

Putin told German businessmen and politicians that he predicates any deal "on Russia’s capability to have a hand in EADS’ corporate matters," FlightGlobal.com reports.

The state premier of Bavaria, Edmund Stoiber, is cool to the idea. After meeting with Putin, he was quoted as saying, “I asked him to understand that in some strategic industries there are limits to taking reciprocal stakes."

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