EduBourseActualitésAirbus Defence and Space announces management and organisational changes in Military Aircraft,...

Airbus Defence and Space announces management and organisational changes in Military Aircraft, A400M Business Segment

Fernando Alonso named new Head of Military Aircraft at Airbus Defence and Space and joins Airbus Defence and Space Executive Committee, replaces Domingo Ureña-Raso who will take a new position in the group
· Industrialisation of A400M now integrated into the Operational unit of the division under the lead of Pilar Albiac-Murillo
· A400M programme review continues, readied for 2014 Annual Results Disclosure

Airbus Defence and Space has named Fernando Alonso (58) as Head of its Military Aircraft business unit as per 1st of March. Bernhard Gerwert, CEO of Airbus Defence and Space, will act as interim Head of Military Aircraft until this date. Fernando Alonso replaces Domingo Ureña-Raso (56), who has resigned from his position.

Fernando Alonso has been working with Airbus for many years and has a profound knowledge of the A400M as well as the other military aircraft programmes. Since 2007, Fernando Alonso has served as Head of Flight Test Operations at Airbus.

Further to the top management changes, the A400M programme will be restructured.
These organisational changes are designed to allow more efficient operations inside the Airbus Defence and Space Division and to put the A400M programme as well as its industrialisation in a position to best address currently existing shortfalls:
· Responsibility for all industrial-related activities is being shifted to the Operations organisation, which is led by Pilar Albiac-Murillo.
· Programme-related activities such as development and customer deliveries will remain in the scope of the Military Aircraft business unit, under the lead of Rafael Tentor, who serves as Head of the A400M programme.

“I expect that the new team will rapidly address existing shortfalls in the most efficient way”, said Bernhard Gerwert, CEO of Airbus Defence and Space. “Every pilot who has flown the A400M to date praises the aircraft’s performance. It has even already been deployed in military operations and it will be a strategic asset to any of our customer nations’ Air Forces. But as for the integration of military capabilities and the industrial ramp-up in particular, we have not been performing at the level which had been expected from us. That is unacceptable and we will fix that. We are fully conscious of how dependent the customer nations are on this new airlifter and therefore take their concerns very seriously. We will do our utmost to overcome them so the customers receive the aircraft they need in the shortest time possible.”

The current aircraft in service are showing good performance with the aircraft exceeding its specifications in its strategic, logistical role.

The military capabilities consisting of aerial delivery, cargo handling system, Defensive Aids Subsystems (DASS) and air-to-air refuelling with pods will be integrated in the second half of 2015, following certification and qualification for each capability. Flight testing of these capabilities is continuing at a high pace. Additional military capabilities will be integrated gradually up till 2018 as contractually agreed.

We are continuing our intense and constructive discussion with OCCAR and the customer nations regarding the delivery schedule and will communicate on this once those have been concluded. With regard to any potential financial impact of the revised delivery schedule a review is currently underway as indicated in November and its results are expected to be communicated at the Group’s 2014 Annual Results Disclosure on 27 February 2015.

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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