An Airbus A321 XLR aircraft performs a flying display at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2023.
REUTERS/Benoit Tessier/File photo Acquire Licensing RightsPARIS, Sept 12 (Reuters) - Airbus (AIR.PA) plans to merge two separate fighter businesses as part of a reorganisation of its Defence & Space division, union sources said.
Asked about the new combination, which is part of a deeper Defence & Space restructuring codenamed ATOM, an Airbus spokesperson said: "We are currently discussing the details and ideas with our social partners".
In July, Airbus Chief Executive Guillaume Faury said a reorganisation in Defence & Space was designed to make the business more agile.
Despite a broad increase in overall demand for weapons since the Ukraine conflict began, Airbus Defence & Space is the company's second-biggest activity in terms of revenues but the least profitable, lagging behind jetliners and helicopters.
Persons:
Benoit Tessier, Jean, Brice Dumont, Bruno Fichefeux, Guillaume Faury, Faury, Tim Hepher, David Holmes
Organizations:
Airbus, Paris, REUTERS, Rights, Defence, Space, Military Air Systems, Franco, France's Dassault Aviation, Airbus Defence, Thomson
Locations:
Le Bourget, Paris, France, Spanish, Ukraine