The day after Airbus’ big Dec. 14 announcement, Tom Enders gives the impression that a huge burden has been lifted from his shoulders. It is a sunny afternoon in Munich and Enders shows up for lunch in jeans and clearly in a good mood: “I’m glad we have made the decision now,” he says. The decision he refers to is the most drastic and fundamental leadership change Airbus has ever undertaken. The board of directors had convened for its regular December meeting. Under ...

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