Airbus to reduce production rates on the A380 and A400M programs, to notify employees

Airbus is meeting with its employees to discuss work force reductions as it reduces the production rates for the A380 and A400M programs. The company issued this statement:

Senior management representatives of Airbus will meet with the European Works Council on  March 7, 2018 to explain previously announced rate reductions on the A380 and A400M programs and to discuss associated implications for the workforce.

Airbus has a policy of first addressing workforce issues with its social partners before any public disclosure. The company will continue to abide by this policy.

Airbus deeply regrets that the process on the current subject matter has been disturbed by leaks to the media, which resulted in excessive reporting about alleged job cuts in its four home countries.

Airbus is committed to managing any social implications in a responsible manner and has demonstrated its ability to find the best possible solutions for its workforce on various occasions in the past.

Only after its initial meeting with the European Works Council on March 7, 2018, Airbus will provide further details on the company’s plans and considerations.