Louis Gallois appointed new Airbus President and Chief Executive Officer

Toulouse (AIRBUS) - Louis Gallois took office at Airbus' headquarters in Toulouse today, meeting with the Airbus Executives, as well as with the local Officials and Union representatives. This follows his appointment yesterday evening by the EADS Board of Directors as new President and Chief Executive Officer of Airbus with immediate effect. Mr Gallois remains Co-CEO of EADS, a position he held since July 2006. Mr Gallois succeeds Christian Streiff, who has resigned from this position. Mr Gallois joins Airbus with a vast experience in the aviation business, having been head of SNECMA (now Safran) and Aerospatiale (now part of EADS) in the late 80ies and 90ies.