The supervisory board of FACC AG appointed Mr. Andreas Ockel as new member of the management board Mr. Ockel, starting his function as newly appointed Chief Operating Officer (COO) of FACC AG as of January 1, 2018 for a period of three years, succeeds Mr. Robert Machtlinger, who himself was appointed as Chief Executive Officer (CEO) of FACC AG in February 2017. Andreas Ockel is currently accountable as general manager of the Airbus (Tianjin) Final Assembly Co. Ltd. for the final assembly of A320 Family aircraft in China and he prepares the joint venture company for the launch of the A330 completion and delivery center towards the end of this year.