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Former Airbus head may face insider trading charges

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Former Airbus head may face insider trading charges

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Gustav Humbert, the former German chief executive of European planemaker Airbus is reportedly to go before a judge to face possible charges of insider trading at Airbus’ parent company EADS. That is according to a judicial source.

Humbert has been in custody for questioning by France’s financial crime unit since Monday.

EADS’ former chief executive Noel Forgeard and the firm’s ex general manager, Jean-Paul Gut, have been charged. Both deny any wrongdoing.