Airbus to merge Group and Commercial Aircraft into new entity

Airbus Group further integrates by merging its Group structure with its largest division Airbus Commercial Aircraft into a new entity. Last night, the Board of Directors of Airbus Group approved a respective proposal by the company’s Chief Executive Officer (CEO) Tom Enders. The new entity will be led by CEO Tom Enders. Fabrice Brégier will become Chief Operating Officer (COO) and President Airbus Commercial Aircraft. As COO, Brégier will have group-wide responsibilities, inter alia for reshaping digital operations – the core part of the group’s transformation programme – as well as for global supply chain and quality.“We are bringing Team Airbus closer together, recognizing that our Commercial Aircraft Division is by far the largest contributor to our company’s revenues and financials. We are committed to delivering the next level of performance by, for example, further streamlining our corporate structures and establishing a simpler and leaner organization overall with less bureaucracy, closer collaboration and faster processes,” explained Tom Enders. The details of the merger and its resulting impacts are now subject to discussions with the social partners on Group, national and divisional level. The merger provides the opportunity to introduce a single Airbus brand for the Group and all its entities, effective January 2017.