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Airbus jobs on wire as underlying output falls 40%: sources

June 3, 2020

Via: Reuters

The European planemaker has so far announced output cuts of a third from its plans before the coronavirus crisis struck air travel, but some analysts have said this is optimistic.

Airbus, after adjusting for different levels of labor intensity, has now calculated that its “single-aisle equivalent” production rate, which is likely to drive decisions on staffing, will be down 40% for two years, the sources told Reuters.

The newly introduced barometer adjusts for the different amounts of labor needed to make each type of plane.

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