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Airbus weighs another management shakeup

Bloomberg Airbus SE is preparing for another round of management shakeup, according to people familiar with the matter, after overhauling most of its senior executive lineup. The European planemaker is considering changes in key sales positions that report to new commercial chief Christian Scherer — including several occupied by veterans who worked under longtime sales chief John Leahy, said the ...

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Brexit woes hit share buybacks: Ryanair

Bloomberg Ryanair Holdings Plc is putting plans for future share buybacks on hold due to uncertainty surrounding the UK’s proposed exit from the European Union. Europe’s biggest discount carrier completed a 750 million-euro ($863 million) program this month, but doubts over how a so-called Brexit will play out have forced to hold back on further announcements. “It makes very little ...

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Korean Air mulling ‘large order’ for widebody aircraft

Bloomberg Korean Air Lines Co. is considering a “large order” for widebody aircraft as part of a fleet expansion and to replace aging jets with fuel-efficient ones amid rising oil prices. The Seoul-based airline is evaluating twin-aisle airplanes from Airbus SE and Boeing Co., including the A350 and the 777X, President Walter Cho said in a media briefing at an ...

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