Airbus 'not paralysed' by wait for new CEO: planemaking chief

Reuters  |  FRANKFURT 

(Reuters) - is not hampered by uncertainty over who will lead the company in the future, its planemaking boss told a German newspaper after the European company said it would nominate a new at the end of the year.

Faury, the former of the group's helicopter unit, who took over leadership of the civil planemaking three months ago, is seen as the main to succeed when he leaves next year.

had reported in March that Faury could combine the role with day-to-day control of the planemaking arm.

Faury also said was in talks with its suppliers to manage an increase in the production rate to 70 a month early in the next decade, compared with around 55 now.

He said the group did not plan to add further assembly plants to achieve production increases. It currently has plants in Hamburg, Toulouse, in and Mobile, in the

Production rates in and the could rise the most as they come from a low base there.

Airbus is also adding a second CSeries production line to its factory in after buying a controlling stake in the CSeries programme from

Faury said the CSeries deal was progressing "faster than expected".

(Reporting by Maria Sheahan; editing by David Stamp)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, June 01 2018. 09:38 IST