Airbus Restructuring

Defense Division Under Attack

Airbus A400M transport plane Source DPA 40837607
Airbus is having trouble to delivering its new military transport plane, the A400M, to its clients, including the German military.
  • Why it matters

    Why it matters

    If Airbus, the world’s second-largest airplane maker, cannot resolve its problems at its defense operations, they will continue to drag down profits.

  • Facts


    • Airbus is in talks to sell defense operations as part of a wider restructuring program
    • The restructuring affects a total of 5,800 employees, of which more than half will see their jobs disappear.
    • Airbus took a €551, or $617 million, charge in the fourth quarter due to delays to its A400M military airplane.
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Airbus, the troubled European aircraft maker that posted a profit warning in December, said it could sell some of its businesses in Germany as part of a wider restructuring of its defense and space division.

Airbus spokesman Gregor von Kursell told Handelsblatt Global Edition that the company was considering the future of its plants, including its operations in the Germany.

“We are in discussions but we can’t give indications yet on how far we are and to whom we are talking,” he said.

Airbus has several plants in Germany, including larger operations in the cities of Ulm, Friedrichshafen and Unterschleissheim.

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