Airbus Group To Merge With Plane-making Unit

Airbus Group will merge with its commercial plane-making division as it seeks to simplify its corporate structure.

The integration, in January 2017, will establish a single Airbus brand for the Group and all its entities, the company said.

Airbus Group chief executive Tom Enders will lead the merged company, with Fabrice Brégier as its chief operating officer. Brégier will continue in his current role at the plane-making unit as president Airbus Commercial Aircraft.

Brégier will have group-wide responsibility for reshaping digital operations, and the global supply chain.

Airbus chief executive Tom Enders said “We are bringing Team Airbus closer together, recognising that our Commercial Aircraft Division is by far the largest contributor to our company’s revenues and financials.

Enders said that establishing a simpler and leaner structure with less bureaucracy, closer collaboration and faster processes will lead to “the next level of performance”.

The merger continues a series of integration steps the group has taken in recent years.