Birmingham news Aerospace giant Airbus announces plans to axe 1,700 jobs in the UK MetiNews.Com

MetiNews.Com - The company said it is cutting 15,000 jobs across its global operations

Birmingham news Aerospace giant Airbus announces plans to axe 1,700 jobs in the UK MetiNews.Com

MetiNews.Com - The company said it is cutting 15,000 jobs across its global operations

Birmingham news  Aerospace giant Airbus announces plans to axe 1,700 jobs in the UK MetiNews.Com
30 June 2020 - 18:32

Breaking News ! Aerospace giant Airbus is planning to cut 1,700 jobs in the UK after it revealed sales had dived during the coronavirus crisis. The aircraft maker said commercial aircraft business activity had dropped by almost 40 per cent in recent months. It is the largest commercial aircraft company in the UK. and has big facilities at Broughton in north Wales, where wings are manufactured, and its other factory at Filton in Bristol. A company statement said: "Airbus has announced plans to adapt its global workforce and resize its commercial aircraft activity. This adaptation is expected to result in a reduction of around 15,000 positions no later than summer 2021. "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." Read More Related Articles Harveys furniture chain goes into administration with around 20 outlets closing Read More Related Articles TM Lewin closing all stores with hundreds of jobs set to be lost Chief executive Guillaume Faury said: "Airbus is facing the gravest crisis this industry has ever experienced. "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. Airbus in North Wales "To confront that reality, we must now adopt more far-reaching measures.

. "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." Airbus A380 Paul Everitt, chief executive of trade body ADS added: "This is undoubtedly the toughest period the global aerospace industry has ever faced. Airbus is central to our aerospace industry and has a close relationship with its highly-integrated UK supply chain. This difficult news will be unsettling for their employees and those working as part of the supply chain." The famous company created the superjumbo A380 aircraft which became the world's largest passenger jet when it took its maiden commercial flight from Singapore to Sydney in 2007. Airbus is also planning to cut 5,000 jobs in France, 5,100 in Germany, 900 in Spain and 1,300 positions at its other worldwide sites. No immediate breakdown of job losses in Broughton and Filton will be given. Airbus said compulsory redundancies cannot be ruled out at this stage, adding it will work with its social partners to limit the impact of its plans by relying on all available social measures, including voluntary departures, early retirement, and long term partial unemployment schemes where appropriate.

Source = MetiNews.Com

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Birmingham news Aerospace giant Airbus announces plans to axe 1,700 jobs in the UK MetiNews.Com


Birmingham news Aerospace giant Airbus announces plans to axe 1,700 jobs in the UK MetiNews.Com


Birmingham news Aerospace giant Airbus announces plans to axe 1,700 jobs in the UK MetiNews.Com


Birmingham news Aerospace giant Airbus announces plans to axe 1,700 jobs in the UK MetiNews.Com

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