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Business/Financial

No More EADS As Airbus Group Brand Launches

By Cal Biesecker

Thursday, January 2nd, 2014

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Airbus Group CEO Tom Enders. Photo: Airbus Group

The former European Aeronautic Defence & Space Co., on Wednesday began operating under its new brand, Airbus Group, capitalizing on a name that is well known worldwide for competing with Boeing [BA] in the commercial market for passenger and cargo aircraft. Airbus Group features three operating divisions, Airbus, which is focused on commercial aircraft activities, Airbus Defence and Space, which incorporates the defense and space activities of the former business units Cassidian, Astrium and Airbus Military, and Airbus Helicopters, which…

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