POST Online Media Lite Edition



 

Airbus CEO suggests merging fighter jet unit with BAE's to go against U.S.

Staff Writer |
The chief executive of Airbus SE suggested in an interview with the Sunday Times merging the Airbus jet fighter business with that of BAE Systems to create a pan-European military aircraft company that could compete with U.S. aerospace giants.

Article continues below




Tom Enders told the newspaper it is time to "seriously look at consolidating and coalescing efforts eventually to one".

BAE unveiled its concept for a sixth-generation jet fighter last week at the Farnborough International Airshow and called for international help to turn the Tempest concept into reality.

The UK government has committed GBP2 billion to the project, but that is a fraction of the total GBP10 billion or more needed to build the aircraft, the Sunday Times noted.


What to read next

Airbus to cut 1,164 jobs to boost performance
Airbus sells additional 15 percent stake in Dassault Aviation
Airbus to set up innovation center in China