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Airbus SE

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Airbus has 9,222 aircraft in backlog. Why is it adding ASML and Michelin expertise to the board?

Airbus SE has installed Amparo Moraleda as Chair of its board while ASML Chief Executive Officer Christophe Fouquet joins as a director and Michelin Chief Executive Officer Florent Menegaux is lined up for a 2027 board seat. The governance reset brings additional technology and industrial operating experience to Airbus while the aerospace group tackles a 9,222-aircraft commercial backlog, ambitious production ramps and demanding free-cash-flow targets.