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Airbus unveils leaner corporate structure, confirms sales shake-up

Will lead to fast decision-making, less bureaucracy, greater collaboration

Sudip Kar-Gupta & Tim Hepher | Reuters 

Airbus on Monday formally kicked off a leaner corporate structure under Chief Executive Tom Enders, following a recent merger between its parent firm and its dominant planemaking arm, and confirmed a reorganisation of its commercial sales. Confirming changes announced last year, the reorganisation involves a single corporate headquarters in Toulouse, France, with Fabrice Bregier as group-wide chief operating officer and president of commercial aircraft. “Airbus will benefit from a simpler structure that enables faster decision-making, less bureaucracy, greater collaboration and ...

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First Published: Tue, July 04 2017. 02:51 IST