IAI consolidates three business units into single aviation group

P2F

Israel Aerospace Industries (IAI) is set to merge its six independent aviation groups into one single entity with unified management across all aviation operations.

IAI’s board of directors chaired by Harel Locker, recently approved IAI’s CEO & president, Joseph Weiss’ proposal to implement the major structural transformation which the company expects will result in a stronger business-oriented structure.

(l-r) Harel Locker, Israel Aerospace Industries (IAI) chairman of the board and Joseph Weiss, president and CEO of IAI.

The new group, which will have a turnover of over USD1 billion, will focus on four business lines: aircraft development and manufacturing; development and production of aviation assemblies; aircraft conversion and enhancement; and aircraft maintenance.

Yossi Melamed, executive VP & general manager of Bedek Aviation Group was named general manager of the new group.

 

Summary
IAI consolidates three business units into single aviation group
Article Name
IAI consolidates three business units into single aviation group
Description
Israel Aerospace Industries (IAI) is set to merge its six independent aviation groups into one single entity with unified management across all aviation operations.
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AsiaCargoBuzz.com
AsiaCargoBuzz.com
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