The fall in the rates of production for its A380 and A400M planes could result in the retrenchment of up to 3,700 jobs of people employed at the four of the ‘home’ countries of Airbus, warned the company.
The UK, France, Germany and Spain are the four countries where the company expects cuts in jobs, said the European plane maker.
There are however no expectations of job cuts at the Broughton plant in Wales of the company, said Airbus UK.
The company hinted that the 250 people who are employed at the A380 making plant of the company in the UK at present would potentially be transferred to other units of Airbus.
Recent speculations in the media had pegged job threats in the thousands according to the plans of the company.
Six A380 superjumbo which are the biggest passenger planes in the world would by manufactured every year beginning from 2020, Airbus said.
On the other hand, the company had projected that it would manufacture 15 A400Ms a year in 2018 and 11 in 2019 which the company has now downgrade to eight every year starting from 2020.
“Airbus is committed to managing any implications for its workforce in a responsible manner – as already successfully demonstrated on various occasions in the past,” the company said in a statement.
“The company is confident that it will be able to propose opportunities to most of the affected employees through programmes which are ramping up”, it added.
At present, the largest civil and military aerospace projects in the entire of Europe are the A380 and A400M respectively.
The company announced last month that the total losses that it has had to incur in the A400M project which has run into trouble has touched a whopping €8 billion or £7.1 billion after Airbus last month announced its latest write offs as part of a series of write-offs for the A400M project.
There has been a lack of demand for the A380 which has impacted the financial of the company on the other hand. But in January, there was a pre order for 36 of the A380 jet liners placed by Emirates Airlines which has provided a boost for the project.
The Emirates order provided “visibility to the programme for the years to come”, Airbus said.
“At a baseline of six deliveries per year, Airbus can produce the A380 in an industrial-efficient way over the coming years,” the company added.
(Adapted from BBC.com)