You are here

Airbus Group to merge with planemaking unit, sources say

Restructuring will simplify a top-heavy corporate structure inherited from group's origins
Saturday, October 1, 2016 - 05:50
BT_20161001_DNAIRBUS1_2522627.jpg
HEAD MAN: Analysts say that the reorganisation will reinforce Mr Enders as sole CEO.

Paris

AIRBUS Group SAS is likely to merge with its main planemaking unit, Airbus SAS, as part of a corporate restructuring being finalised on Thursday, people familiar with the matter said.

The restructuring aims to simplify a top-heavy corporate structure inherited from the group'