Don’t miss the latest developments in business and finance.

Airbus names new top salesman amid legal troubles

Image
AP Paris
Last Updated : Nov 28 2017 | 9:40 PM IST
Airbus is replacing its combative, long-serving sales chief with a Rolls Royce executive as the European plane maker tries to stay competitive with Boeing.
Eric Schulz will take over as chief of sales for Airbus commercial planes in January, the company said today, calling it "a critical juncture of our company's development."
Airbus praised outgoing top salesman John Leahy as "a living legend" for overseeing sales of more than 90 per cent of Airbus planes ever sold.
Leahy, 67, had been expected to retire soon after 23 years in the position.
Before joining Rolls Royce, Schulz also worked at Air France, Goodrich and other companies in the industry.
Airbus recently lost out to Boeing in a major deal with Gulf carrier Emirates, and is also facing corruption investigations in three countries.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 28 2017 | 9:40 PM IST

Next Story