A major overhaul at Airbus is in the works as company CEO Gustav Humbert tries to make the aircraft maker more agile and competitive with Boeing. The planned organizational and operational transformation includes broadening the manufacturer's industrial base and outsourcing more work to partners in key markets. The cycle and costs of developing new aircraft are to be reduced by up to 40%, according to internal discussions revealed by Chairman and EADS Co-CEO Noel Forgeard. The ...
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