“We look at each workplace to see if costs can be reduced there. We turn every stone, ”Faury told the paper.
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The European aircraft manufacturer is responding to the coronavirus crisis, which has drastically reduced international flights to months. The massive decline in interest in flying has reduced the demand for new aircraft from airlines. “We cannot be separated from the development of airlines,” Faury added.
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“Reducing production by 40 percent means that we get back to the level where we were about ten to 15 years ago, and then we had the same arrangement in Europe. Therefore, we could address the fundamental issue of structural change only later, when we will have a clearer picture of how the market will develop further, “said Faury.
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Faury wants to announce how many of the 135,000 jobs it will have to cancel after interviews with employees by the end of July. According to Der Spiegel, up to 15,000 jobs are being speculated in the civil aviation division, which employs 90,000 people.
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In April and May, the company fulfilled the production plan only by 80 percent – in April, instead of the planned 75, it delivered only 14 aircraft. Many already manufactured machines are parked for the time being, because the airlines are not taking them away due to the crisis on the flying market. Faury expects that a comparison between production and supply will not be possible until the end of 2021.
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Guillaume Faury has been at the helm of Airbus for about a year. Initially, he planned to expand production. But the pandemic has changed everything, and the entire aviation industry is now struggling to survive, from aircraft component suppliers to manufacturers to airlines.
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