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Birmingham Post
Birmingham Post
Business
Owen Hughes

Airbus rules out further production cuts at this stage and expects 'relative stability'

Airbus has ruled out further cuts to production at this stage.

In April the aerospace giant announced new production rates - which represented around a one-third cut in production.

It saw the monthly A320 production rate go from 60 to 40 per month - while the A330 programme was reduced to two jets a month and the A350 to six planes.

With the aviation market increasingly volatile there had been concerns the production rate could fall further.

But Airbus today said: "For the time being there is no need to change what we had announced in April, and we expect relative stability in our production planning.

View of the Airbus UK Broughton Factory with plane wings outside. Photo by Ian Cooper (Ian Cooper/North Wales Live)

"We believe that most of the rate adaptation effort required to match the new levels of customer demand has been done - further adjustments should be minor."

Airbus chief executive Guillaume Faury has warned all its 135,000 global staff that cuts lie ahead - and 500 Guidant agency workers are already facing redundancy at Airbus Broughton in North Wales, where 6,000 workers are employed.

The aerospace giant has placed more than 3,000 workers on furlough from the site although this month hundreds have of staff have started to return as production was restarted.

They have been boosted by a £13bn bailout for the aviation industry from the French Government - with Airbus taking a share of that pot in return for further investment in making flying more environmentally friendly.

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