Airbus Announces Leadership Change and Share Price Increase
Airbus shares have reached a new record high, trading at approximately 184 euros as of the current market.
The company has announced the appointment of Lars Wagner as the new head of its commercial aviation business, effective January 1, 2026. This change will see Johannes Bussmann assume the role of CEO at MTU Aero Engines in September, with Wagner taking over his position.
Key details of the leadership change include:
- Effective date: January 1, 2026
- New head of commercial aviation business: Lars Wagner
- Current head of commercial aviation business: Johannes Bussmann
- Future role: Johannes Bussmann will assume the role of CEO at MTU Aero Engines in September
The leadership change is seen as a strategic move, with Bussmann’s experience in the industry expected to bring a boost to Airbus’s commercial aviation business. The company’s shares have shown a significant increase in value, with a recent price gain of 1.8%.