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Airbus: Major shifting in top management

Airbus confirmed the departure of chief Fabrice Bregier as part of a series of board moves on Friday to clear the air over succession plans following weeks of speculation surrounding Europe’s largest aerospace firm. The Board of Directors of Airbus SE has decided on a series of Executive changes that ensure an orderly succession in the Executive leadership of Airbus. Tom Enders (59) has advised the Board that he does not wish to seek another term as Chief Executive Officer (CEO) beyond his current mandate which runs until the 2019 Annual Shareholders Meeting (April 2019). “The privilege of serving this great company comes with a responsibility to support a smooth succession when the time is ripe. In 2019, I will have served all together 14 years at the helm of Airbus and EADS. It’s been a long and exciting journey but now is the time to initiate a leadership change. We need fresh minds for the 2020s. In the coming 16 months, I will work with the Board to ensure a smooth tran

Interiors suppliers trumpet work on new A320 Airspace brand cabins -

And with the launch of the new interior, as JetBlue accepted delivery of its first A321LR, it’s fascinating to see industry suppliers keen to highlight their piece of the Airspace puzzle, with Runway Girl Network’s inboxes fairly lighting up with companies excited to share their involvement. “Diehl Aviation has developed comprehensive packages for the new Airspace cabin for the A320neo Family on behalf of its customer Airbus,” says Among this work, Diehl has delivered modernised sidewall lining part of the business that was hived off from Airbus under the “Power8” programme during Tom Enders’ reign as CEO. The airframer

Transcripts For CNBC Worldwide Exchange 20120926

share. shares of toyota and nissan slam in reverse. you re watching worldwide exchange, bringing you business news from around the globe. welcome to today s program. the conference board measure went up. ignored that yesterday. u.s. consumers are about the only consumers who seem to be doing somewhat better these days. certainly not the case across most of europe. not that happy in spain. spanish police and protesters clashing in madrid last night. thousands descended on the country s parliament, demanding fresh elections and an end to cuts and tax hikes. joining us on the phone is a reporter for the newspaper. i think you ve been up all night. how would you describe the mood on the streets and the strength of these clashes? reporter: people were, like people feel this anger toward politicians due to the cuts, to the social cuts. it was tense. clashes were very violent. and they happened, like, suddenly. and there were many people with terrible wounds. it was a

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