Eads Shares Leap As Dubai Investors Circle for a Stake ; in Brief

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SHARES in Airbus owner Eads took off today after Dubai International Capital, the investment arm of Sheikh Mohammed's oil- rich Gulf emirate, said it is conducting a due diligence investigation of the accounts with a view to taking a stake.

Franco-German aerospace giant Eads yesterday reported a third- quarter loss after counting the 1 billion (Pounds 670 million) cost of the two-year delay in the delivery of the new A380 superjumbo. Eads shares rose nearly 6%, or 1.27, to 22.60 on the Paris bourse after a 3% jump yesterday on rumours of the Dubai interest. Dubai's Emirates airline is a key Airbus customer.

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Eads Shares Leap As Dubai Investors Circle for a Stake ; in Brief

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