EADS seeks stake in Russian aviation giant UAC

Newswire

ZHUKOVSKY, Russia, Aug 22 (Reuters) - European aerospace firm EADS said it would seek to acquire a stake in a giant Russian state aircraft holding, known as the United Aviation Corporation, by swapping its stake in warplane maker Irkut. Airbus co-chief executive Tom Enders told reporters at a news conference at the MAKS-2007 airshow that the swap could be agreed within the next couple of months or by the end of the year. United Aviation Corporation, known as UAC in Russia, was created by ...

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