Airbus to transform its European set-up in aerostructures - Commercial Aircraft - Airbus

https://www.airbus.com/newsroom/press-releases/en/2021/04/airbus-to-transform-its-european-set-up-in-aerostructures.html

 ●     Plans to create new aerostructures companies in France and Germany

●     Discussions ongoing regarding industrial set-up in Spain

Toulouse, 21 April 2021 – Airbus has provided more details to its social partners during a European Works Council (SE-WC) meeting about the Company's ongoing assessment of its industrial set-up in Europe, notably regarding aerostructures activities in France and Germany.

Airbus has reaffirmed its intention to build a stronger aerostructures assembly value chain across its industrial system to its social partners, and considers aerostructures assembly as core to its business. Airbus presented its plans to create two integrated aerostructures assembly companies at the heart of its industrial system in order to reinforce its value stream management and prepare the Company for its short- and long-term future.

As part of these plans, and upon successful completion of the ongoing social process, the new company in France would bring together the activities currently managed within Airbus in Saint-Nazaire and Nantes together with those of STELIA Aerospace worldwide. Another company in Germany would bring the activities of Stade and Structure Assembly of Hamburg together with those of Premium AEROTEC in Nordenham, Bremen and partly in Augsburg, while rebalancing activities towards the upper part of the value chain and reviewing its involvement in the manufacturing of detail parts.

These two new aerostructures assembly companies, both wholly owned by Airbus, would no longer be suppliers to Airbus but become integrated within the Airbus perimeter, simplifying both governance and interfaces in a new industrial setup. Their distinct status would also enable them to focus on their industry segment and be leaner and more agile, fostering competitiveness, innovation and quality to the benefit of the Airbus programmes of today and tomorrow.

Airbus also intends to create a new global player in the detail parts business, anchored in Germany. Born out of today's Premium AEROTEC, this new entity, with its scale and advanced technologies, would be empowered to capitalise on the significant long-term growth prospects with Airbus as well as external customers, on both civil and military platforms.

In Spain, Airbus continues to work on solutions with its social partners to optimise the current industrial and aerostructures set-up in the Cádiz area in order to ensure its viability, resilience and competitiveness for the future.