Airbus parent EADS yesterday denied reports that its German bosses want French co-chief executive Noel Forgeard to resign over a costly delay of the A380 superjumbo and a stock trading probe.

The European aerospace firm is in turmoil after news of a delay in the Airbus A380 doubledecker sparked a profit warning and a 25 per cent plunge in EADS' shares last week.

It was claimed that "the German side" had demanded that Mr Forgeard step down at a meeting on Monday called to discuss the problems.

"I can clearly deny that," said EADS spokesman Michael Hauger when asked about the position.

EADS has one German and one French chairman. ..SUPL: