Airbus completed a group reorganization July 1, unifying its operations under one central brand.

Under the new structure, which was first announced in September 2016, Airbus has integrated its group structure with its largest division, Commercial Aircraft.

“Airbus will benefit from a simpler structure that enables faster decision-making, less bureaucracy, greater collaboration and increased efficiency. This structure will also facilitate the digitalization program currently under implementation,” the company said, announcing the completion of the process.

Following the restructure, Airbus now has one single corporate headquarters in Toulouse, France.

The company’s executive management team has been integrated under CEO Tom Enders, while Fabrice Brégier became Airbus’ first companywide COO and Commercial Aircraft president.

A number of other positions remain unchanged, including Defense & Space CEO Dirk Hoke, Helicopters CEO Guillaume Faury, CFO Harald Wilhelm, chief human resources officer Thierry Baril, and general counsel John Harrison.

Airbus employs 134,000 staff and generated €67 billion ($76 billion) in revenue in 2016.

Victoria Moores victoria.moores@penton.com