Aircraft
Airbus Takes Another Step toward Full Integration
Tom Enders to remain CEO while Fabrice Bregier becomes COO

Airbus’s board of directors has approved a proposal by CEO Tom Enders to further integrate its group structure with Airbus Commercial Aircraft into a single entity effective January 2017, the company announced on Friday. Under the new structure, Enders will continue to serve as CEO while current Airbus Commercial Airplanes chief executive Fabrice Bregier will become COO of the group. Bregier will at the same time assume the title of president of Airbus Commercial Airplanes. The move is part of a continuing effort by the European manufacturer to reduce costs that are comprimising the profitability of several Airbus programs, including the A350 widebody.