Airbus is reportedly contemplating a management reorganization to bolster strategic priorities, according to sources cited by Reuters.
CEO Guillaume Faury currently handles the dual responsibilities of navigating Airbus through a disrupted industry landscape and leading the wider aerospace and defence group. The planned restructure, pending board approval, would assign a separate leader for the aircraft manufacturing division, thereby allowing Faury to concentrate on broader strategic initiatives.
The restructuring could be a response to a series of crises, including supply chain disruptions that have called for a re-examination of Airbus’s internal organisation. While details of the potential new role remain uncertain, it would aim to maintain a clear chain of command while avoiding the internal conflicts of the past.
Insider sources suggest Bruno Even, current CEO of Airbus Helicopters and a Faury loyalist, as a potential candidate for the new role. The move is perceived as an attempt to emulate the managerial model of rival Boeing, where each division has its distinct leader.
As Airbus navigates through the geopolitical instability and the post-pandemic business environment, it has to tackle strategic challenges, as well as the departure of several senior operational leaders from Faury’s immediate circle. The proposed restructure aims to ensure Airbus stays on course with its ambitious output targets.
Further details about the restructuring, as well as the company’s strategic direction, might become clearer when Airbus reports its half-yearly earnings this Wednesday.
