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Gallois tackles the Airbus mess

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Gallois tackles the Airbus mess

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Same crisis, different leader. Louis Gallois has become the latest executive to be given the task of ending the production nightmare at Airbus. He is expected to combine the post with his job as co-chief of Airbus parent company EADS. He replaces Christian Streiff, who stepped down after in internal battle over the style of radical reforms he proposed to end chronic delays on the A380 airliner project.

Streiff said he quit because of the way the company was run, and rejected rumours that he was in line for the top job at car maker PSA Peugeot Citroen. Delays to the A380, caused by a wiring problem, have hit the company’s finances hard.