Airbus appoints Even as CEO

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Airbus has appointed Bruno Even as Chief Executive Officer (CEO) of Airbus Helicopters, effective 1 April 2018. He will report to Airbus CEO Tom Enders and join the company’s Executive Committee.

Bruno Even comes to Airbus from Safran where he was CEO of the Helicopter Engines business since 2015. He succeeds Guillaume Faury, who will assume his duties as President Airbus Commercial Aircraft from mid-February.

“I am very pleased that we could attract an experienced executive with Bruno Even to join Airbus,” said Airbus CEO Tom Enders. “Bruno has climbed the management ranks at Safran at a very young age. His broad background of the Helicopter business and his strong customer focus combined with Program and Engineering expertise, make Bruno the ideal candidate to succeed Guillaume Faury and to continue our successful improvement journey in a very demanding business environment.”

Meanwhile, Airbus also announced its 2017 financial results and provided an outlook for 2018. “We overachieved on all our 2017 KPIs thanks to a very good operational performance, especially in the last quarter,” said Tom Enders. “Despite persistent engine issues on the A320neo, we continued the production ramp-up and finally delivered a record number of aircraft. On A400M, we made progress on the industrial and capabilities front and agreed a re-baselining with government customers which will significantly reduce the remaining programme risks. This is reflected in a substantial one-off charge. Overall, the strength of our 2017 achievements is reflected in our dividend proposal which is up 11 per cent against last year. This also endorses our earnings and cash growth story for the future.”

Other news

US-based Nightingale Regional Air Ambulance has announced that it now has nine fully operational sites for Instrument Flight Rules (IFR) landings across Eastern Virginia...

Airbus has announced that the Lithuanian Air Force (LAF) has renewed its HCare Infinite material management contract for its three Dauphin AS365 N3+ SAR helicopters.

German UAS engine manufacturer Sky Power has announced that it is strengthening its collaboration with Mejzlik Propeller from the Czech Republic.

Global helicopter leasing company Waypoint Leasing Holdings Ltd has entered into an agreement to be purchased by Macquarie Group for around $650 million.

This final issue of 2018 contains an eclectic mix of articles and reports from organisations around the world