Advertisement
UK markets open in 7 hours 54 minutes
  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     
  • HANG SENG

    16,385.87
    +134.03 (+0.82%)
     
  • CRUDE OIL

    82.59
    -0.14 (-0.17%)
     
  • GOLD FUTURES

    2,394.00
    -4.00 (-0.17%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • Bitcoin GBP

    51,031.34
    +1,471.52 (+2.97%)
     
  • CMC Crypto 200

    1,312.32
    +426.78 (+48.19%)
     
  • NASDAQ Composite

    15,601.50
    -81.87 (-0.52%)
     
  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     

Airbus Group to merge with its planemaking unit -sources

PARIS, Sept 29 (Reuters) - Airbus Group SAS is likely to merge with its main planemaking unit, Airbus SAS, as part of a corporate restructuring being finalised on Thursday, people familiar with the matter said.

The restructuring aims to simplify a top-heavy corporate structure inherited from the group's complex origins as a group of separate aerospace firms, and consolidate its position as a European aerospace champion anchored in Toulouse, France. (Reporting by Tim Hepher; editing by John Irish)