By Allison Lampert and Tim Hepher
MONTREAL/PARIS (Reuters) - Bombardier and Airbus named the top leaders for the CSeries program, in a further step towards finalising a deal in which the European planemaker will take control of the Canadian jetliner, according to a memo to staff on Wednesday that was seen by Reuters.
Philippe Balducchi, head of performance management for Airbus Commercial Aircraft and a former head of investor relations, will be CEO of the 12-member team that includes six executives from each planemaker, according to the memo to staff signed by chief executives from both companies.
David Dufrenois, who will lead sales for the CSeries, now heads the A380 platform and is seen as a seasoned troubleshooter who led efforts to stabilise sales of the superjumbo jet and handled key accounts such as Qatar Airways, one of the industry's most demanding buyers.
The companies have set an internal target of closing the deal, which gives Airbus a majority stake in the CSeries, by the end of May.
The companies could not immediately be reached for comment.
In a separate memo, Bombardier CEO Alain Bellemare said the company's Commercial Aircraft President Fred Cromer will continue to lead its regional aircraft business after the partnership deal closes.
Bombardier's annual general meeting will take place on Thursday.
(Reporting By Allison Lampert; Editing by Denny Thomas and Chizu Nomiyama)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
