When the aerospace industries of four European countries launched the behemoth Airbus A380 project 16 years ago, three of them decided it was also time to merge and formed an entity called EADS. The acronym for European Aeronautic Defense and Space Co. stood for parity between the French and Germans, dual CEOs and a lot of double structures and inefficiencies—in short the pains of slowly bringing together companies in different countries that sometimes cooperated but often ...


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