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☆ Exclusive: Airbus weighs separate boss for planemaking arm - sources
▼ + stars: | 2023-07-24 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

[1/2] Airbus CEO Guillaume Faury takes part in a panel discussion at the International Air Transport Association's (IATA) Annual General Meeting in Boston, Massachusetts, U.S., October 4, 2021. That mirrors a structure under which the planemaking business technically owns the two smaller divisions, Helicopters and Defence & Space, following an internal merger. Airbus says it is no longer politically driven following an agreement to limit government interference a decade ago. But such a structure would draw inevitable comparisons with the era of former planemaking chief Fabrice Bregier, who left Airbus in 2018 after a power battle with then CEO Tom Enders. INTERNAL BALANCEHaving a visible planemaking leader would more closely echo rival Boeing (BA.N), each of whose divisions has its own boss.

Persons: Guillaume Faury, Brian Snyder, Faury, apppointed, Fabrice Bregier, Tom Enders, Bruno, Alberto Gutierrez, Tim Hepher, Mark Potter Organizations: International Air Transport, REUTERS, Airbus, Helicopters, Defence, Space, Airbus Helicopters, Boeing, Thomson Locations: Boston , Massachusetts, U.S, France, Germany, Spain, Ukraine

With polls indicating a PP/Vox coalition government as the most likely outcome of next Sunday's national election, the reversal signals what could be a broader shift in Spain's climate change policy. "We are going to continue building bike lanes," he told Reuters. Vox has also pledged to repeal Spain's climate law, which establishes an obligation to create LEZs in cities. "Bike lanes have to be useful and not generate social alarm, so each municipality has to analyse the most appropriate location," a PP official told Reuters. Valladolid has been awarded 10.6 million euros to create an LEZ and about 4 million for bike lanes.

Persons: Teresa Ribera, Vox, Alberto Gutierrez, Miguel Diaz, Santiago Abascal, Pedro Sanchez, Sanchez, Cristina Monge, LEZs, Carmen Moriyon, Frans Timmermans, Belén Carreño, Pietro Lombardi, Andrei Khalip, Charlie Devereux, Angus MacSwan Organizations: People's Party, Elche, Vox, Reuters, United Nations, Socialist, University of Zaragoza, EU, Brussels, Cars, European Environment Agency, Thomson Locations: MADRID, VALLADOLID, Valladolid, Gijon, Castello, Europe, Spain

☆ Airbus 2022 target under review after estimated 563 deliveries in Jan-Nov - sources
▼ + stars: | 2022-12-02 | by ( Tim Hepher | ) www.reuters.com time to read: +3 min

PARIS, Dec 2 (Reuters) - Airbus (AIR.PA) delivered an estimated 66 jets in November, leaving itself a near-record challenge of 137 in December to meet its 2022 goal, though it has not excluded the possibility of trimming the target, industry sources said. A late surge pushed November higher than initially expected but failed to lift doubts over the 2022 target of “around 700” with weeks to go before the end of the year, the sources said. One industry source said the company had all but given up hope of reaching its key revenue-driving target. Missing parts forced Airbus to cut the target for deliveries to 700 from 720 in July. Reuters reported on Monday that preliminary external November data and industry sources pointed to increasing challenges in reaching the revised target.

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