EADS to merge military transport into Airbus

Source : FT

"EADS is reorganising its military transport aircraft operations by integrating the Spain-based business into Airbus, its commercial aircraft division. The restructuring is one of the most important industrial moves to rationalise EADS since the Franco-German group overcame its complex corporate governance challenges last year and abandoned the complicated system of having joint French and German chairmen and chief executives." Next.