Reuters logo
Airbus Group to merge with its planemaking unit -sources
September 29, 2016 / 5:05 PM / a year ago

Airbus Group to merge with its planemaking unit -sources

PARIS, Sept 29 (Reuters) - 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’s complex origins as a group of separate aerospace firms, and consolidate its position as a European aerospace champion anchored in Toulouse, France. (Reporting by Tim Hepher; editing by John Irish)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below