Airbus plans management changes: sources

Paris

AIRBUS Group chief executive Tom Enders plans to complete the integration of Europe's largest aerospace group by sweeping away overlapping functions and appointing planemaking chief Fabrice Bregier as its chief operating officer, people familiar with the matter said.

The proposal is part of plans to refocus the group and give a clearer definition of its biggest unit's responsibilities under a new subsidiary name, likely to be Airbus Commercial, while cutting costs as it faces widening global competition.