Airbus saw orders jump compared with a year ago
EADS, the parent company of Airbus, says it is to rename itself after its commercial plane-making subsidiary.
It will be called Airbus Group and have three divisions; commercial aircraft, defence and space, and helicopters.
EADS said the move would "enhance integration and cohesion by renaming the group and its divisions using the globally recognised Airbus brand".
Implementation of the change is planned to start in January and will be completed in the second half of 2014.
"The renaming simply gathers the entire company under the best brand we have, one that stands for internationalisation, innovation and integration - and also for some two-thirds of our revenues," said EADS chief executive Tom Enders.
"It reinforces the message that 'we make things fly'."
The announcement 'came as EADS revealed that second quarter profits rose by 14% to 518m euros ($686m; £451m),
It also said that in the first six months of 2013, Airbus Commercial recorded 722 net aircraft orders, compared with 230 net orders in the first half of 2012.
EADS also said that Airbus "had a successful Paris Air Show, receiving firm orders for 241 aircraft".
Source: BBC News - Business http://www.bbc.co.uk/news/business-23513650#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
