"Airbus Moves to Rewire Its Management First"

This article addresses the issues that Airbus, a European airplane manufacturing company, is facing in the midst of the worst management crisis of its history. The company, which was formed in 1970 jointly by France and Germany to compete with American rival Boeing, is experiencing production difficulties that are preventing Airbus from releasing the model A380 plane into service on schedule. The main technical problem lies in both defective wiring and incompatible software between the Hamburg and Toulouse sites. However, the real issue is the inability of the company's management to fix the mechanical problem at hand that is delaying the release of the A380 model. The article implies that under competent management, the problem could be fixed rather easily, but Airbus is still trying to fill the CEO position with someone who is capable of returning the company to a profitable status.

Corporate governance is defined as the......

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Title: Airbus
Approximate Word Count: 289
Approximate Pages: 2 (250 words per double-spaced page)

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