United

NEW EXECUTIVE MANGEMENT FOR AIRBUS

Latest News
Monday, 24 July 2006

EADS, the parent company of European aircraft manufacturer Airbus has accepted the resignation of Noël Forgeard as EADS chief executive officer as well as the resignation of Gustav Humbert, Airbus chief executive officer.

Forgeard has been replaced by Louis Gallois (62) as EADS’ chief executive officer. EADS says Gallois, currently, president of the French railway company SNCF, has broad experience in industrial and especially aerospace businesses. Christian Streiff (51) has been nominated as Airbus chief executive officer with immediate effect. Streiff was previously with Saint-Gobain, a diversified multinational company.

Meanwhile, EADS has agreed a price of € 2.75 billion for BAE Systems’ 20 percent stake in Airbus. The transaction remains subject to BAE Systems’ shareholder approval.

HACTL
Cathay Cargo
United

NEW EXECUTIVE MANGEMENT FOR AIRBUS

Latest News
Monday, 24 July 2006

EADS, the parent company of European aircraft manufacturer Airbus has accepted the resignation of Noël Forgeard as EADS chief executive officer as well as the resignation of Gustav Humbert, Airbus chief executive officer.

Forgeard has been replaced by Louis Gallois (62) as EADS’ chief executive officer. EADS says Gallois, currently, president of the French railway company SNCF, has broad experience in industrial and especially aerospace businesses. Christian Streiff (51) has been nominated as Airbus chief executive officer with immediate effect. Streiff was previously with Saint-Gobain, a diversified multinational company.

Meanwhile, EADS has agreed a price of € 2.75 billion for BAE Systems’ 20 percent stake in Airbus. The transaction remains subject to BAE Systems’ shareholder approval.

HACTL
Cathay Cargo
HACTL
Cathay Cargo