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AIRBUS SYSTEMS UNIT TRANSFERS TO AEROLIA

Airbus' wholly owned French aerostructures subsidiary Aerolia has completed its takeover of the airframer's systems unit at Saint-Nazaire, which employs 154 people and makes shaped pipes, welded tubes and subassemblies. Airbus last year created Aerolia and a German counterpart, Premium Aerotec, as part of a strategy to concentrate on its core activities on aircraft architecture and integration. The two units may eventually be sold....

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