CSeries bosses named as Airbus-Bombardier deal takes shape – memos
By Allison Lampert and Tim Hepher MONTREAL/PARIS (Reuters) - Bombardier Inc and Airbus SE named new leaders for the CSeries jetliner programme on Wednesday, in a further step towards finalising a deal for the European planemaker to take control of the Canadian project, according to memos seen by Reuters. Airbus agreed last year to take control of the programme for a symbolic Canadian dollar after the small, lightweight jetliner failed to win enough buyers and ran over-budget. Philippe Balducchi, head of performance management for Airbus Commercial Aircraft, will be chief executive of the joint entity controlled by Airbus with six executives from each side, according to memos to staff of both companies
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