Airbus puts helicopters chief in line for top job in shake-up
Shake-up comes amid bribery investigations related to the use of middlemen in military and commercial airplane sales
London
AIRBUS SE put the head of its helicopters unit in line to replace chief executive officer Tom Enders after a wide-ranging management shake-up, as the European planemaker seeks to move past corruption allegations and inject fresh blood into its leadership ranks.
Mr Enders planned to step down when his term ends in April 2019, the Toulouse, France-based company said on Friday in a statement. His No 2, chief operating officer Fabrice Bregier will leave in February after missing out on the CEO job.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter
AirAsia discloses new listing plans under RM6.8 billion units merger
Baltimore’s trapped ships start leaving as new channel opens
S&P slashes Boeing credit outlook as rating hovers above junk status