Airbus plans to further adapt to COVID-19 environment

Airbus

2020/07/02 | 483 words | AEROCONTACT | INDUSTRY / TECHNOLOGY
Airbus plans to further adapt to COVID-19 environment © Airbus

- New measures contribute to safeguarding the Company’s future

- Necessary reduction of approximately 15,000 positions across Airbus’ global workforce

- Information and consultation process with social partners launched, agreements targeted in 2020

Toulouse, 30 June 2020 – Airbus (stock exchange symbol: AIR) has announced plans to adapt its global workforce and resize its commercial aircraft activity in response to the COVID-19 crisis. This adaptation is expected to result in a reduction of around 15,000 positions no later than summer 2021. The information and consultation process with social partners has begun with a view to reaching agreements for implementation starting in autumn 2020.

The commercial aircraft business activity has dropped by close to 40% in recent months as the industry faces an unprecedented crisis. Commercial aircraft production rates have been adapted accordingly. Airbus is grateful for the government support that has enabled the Company to limit these necessary adaptation measures. However with air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late as 2025, Airbus now needs to take additional measures to reflect the post COVID-19 industry outlook. 

Following the in-depth analysis of customer demand that has taken place over recent months, Airbus anticipates the need to adapt its global workforce due to COVID-19 by approximately:

-5,000 positions in France

-5,100 positions in Germany

-   900 positions in Spain

- 1,700 positions in the UK

-1,300 positions at Airbus’ other worldwide sites

These figures include the Airbus subsidiaries Stelia in France and Premium AEROTEC in Germany. However, they do not include approximately 900 positions stemming from a pre-COVID-19 identified need to restructure Premium AEROTEC in Germany, which will now be implemented within the frame of this global adaptation plan.

The details of this COVID-19 adaptation plan need to be finalised with social partners.

While compulsory actions cannot be ruled out at this stage, Airbus will work with its social partners to limit the impact of this plan by relying on all available social measures, including voluntary departures, early retirement, and long term partial unemployment schemes where appropriate.

“Airbus is facing the gravest crisis this industry has ever experienced,” said Airbus CEO Guillaume Faury. “The measures we have taken so far have enabled us to absorb the initial shock of this global pandemic. Now, we must ensure that we can sustain our enterprise and emerge from the crisis as a healthy, global aerospace leader, adjusting to the overwhelming challenges of our customers. To confront that reality, we must now adopt more far-reaching measures. Our management team and our Board of Directors are fully committed to limiting the social impact of this adaptation. We thank our governmental partners as they help us preserve our expertise and know-how as much as possible and have played an important role in limiting the social impact of this crisis in our industry. The Airbus teams and their skills and competences will enable us to pursue our ambition to pioneer a sustainable future for aerospace.”


Aviation and aerospace newsletter

Sign up for free
to the weekly newsletter!

In the same theme:


Safran Helicopter Engines and ZF Aviation Technology strengthen partnership within the European engine market
2020/07/30 | AEROCONTACT | INDUSTRY / TECHNOLOGY

Safran Helicopter Engines and  ZF Aviation Technology have signed today a Memorandum of Agreement (MoA) strengthening their collaboration to offer a turboprop eng...


Boeing Advances Environmental Leadership
2020/07/30 | AEROCONTACT | INDUSTRY / TECHNOLOGY

Boeing today released its 2020 Global Environment report, highlighting how the company is sustainably designing and building products, while conserving resou...


Lockheed Martin Technology Protects NASA's Mars 2020 Mission
2020/07/30 | AEROCONTACT | INDUSTRY / TECHNOLOGY

Lockheed Martin developed the technology behind the aeroshell that will protect NASA's newest Mars rover, Perseverance, and deploy the first-ever Mars helicopter. ...

See also:


Boeing 737 MAX inches towards flying again
2020/07/22 | LE JOURNAL DE L'AVIATION | INDUSTRY / TECHNOLOGY

The grounded Boeing 737 MAX moved another step closer towards flying again Tuesday as US regulators said they would soon accept public comments on a roadmap to recert...


Air France to slash 7,500 jobs by end-2022: unions
2020/07/01 | LE JOURNAL DE L'AVIATION | INDUSTRY / TECHNOLOGY

Air France will cut 7,500 jobs by the end of 2022 as part of a cost-cutting drive that has gained new urgency in the wake of the coronavirus pandemic, union sources t...


Airbus cuts 15,000 jobs to face aviation's 'gravest crisis'
2020/07/01 | LE JOURNAL DE L'AVIATION | INDUSTRY / TECHNOLOGY

European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest cris...