Airbus to hire for UK financial brief

TOULOUSE: Airbus, the maker of the 555-passenger A380 'superjumbo', is on the hunt for a UK corporate and financial PR adviser.

Airbus regional press manager David Velupillai said the company's review was confined to a UK financial and corporate brief but declined to comment further.

It ended its relationship with the previous incumbent Financial Dynamics at the end of last year. The Maitland Consultancy is since understood to have provided the firm with PR advice (PRWeek, 21 January), although Airbus denied this was the case.

The review comes at a pivotal time for Airbus. The European Aeronautic Defence and Space agency (EADS), which owns 80 per cent of the company, has set a 1 June deadline for Airbus to appoint a new CEO.

Airbus's outgoing president and CEO Noel Forgeard and EADS defence and security chief Thomas Enders will make the decision. The pair are to become joint CEOs of EADS. Airbus is unlikely to hire a UK agency until the new CEO arrives.

The appointment is politically sensitive because a non-French executive running the Toulouse-based company could upset the power balance at EADS.

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