The European manufacturer must detail its social plan which will result in the loss of 15,000 jobs worldwide. But it is also the giant's subcontractors who are worried about their future.
Whether manufacturing metal parts, or leading edges for the wings, Airbus subcontractors already know that the next few years will be difficult.
For these SMEs or mid-caps, aeronautical activities represent, according to INSEE, 70% of their turnover. Consequently, "when Airbus coughs, everyone is sick," summed up the president of the Toulouse Chamber of Commerce and Industry.
Dependence on Airbus test architect roles and responsibilities
The good health of these companies is directly linked to manufacturing volumes and "if Airbus makes 60 planes" explains a subcontractor, "we make 60 parts, if Airbus makes 40 we make 40".
The dependence is very strong: an Airbus is 80% manufactured by subcontractors. Suffice to say that Airbus' announcement to maintain a production rate at only 40% of normal until 2021 will therefore have direct repercussions on the entire industry.
Murderous summer
The biggest players, like Safran, will resist. But the little ones will suffer, or worse file for bankruptcy. Derichebourg, Sogeclair Aerospace, Scalian… In recent days, announcements of social plans have been accelerating. "Consolidation will accelerate. The landscape of aeronautical subcontracting will change" explains an expert in the sector. Until then, we will have to resist a deadly summer.
Airbus announced a vast social plan on Tuesday with the elimination of 15,000 jobs, including 5,000 in France. The epidemic has put airlines around the world in serious trouble, dragging Airbus into this downward spiral. The European automaker is to present details of its plan this Thursday.
Whether manufacturing metal parts, or leading edges for the wings, Airbus subcontractors already know that the next few years will be difficult.
For these SMEs or mid-caps, aeronautical activities represent, according to INSEE, 70% of their turnover. Consequently, "when Airbus coughs, everyone is sick," summed up the president of the Toulouse Chamber of Commerce and Industry.
Dependence on Airbus test architect roles and responsibilities
The good health of these companies is directly linked to manufacturing volumes and "if Airbus makes 60 planes" explains a subcontractor, "we make 60 parts, if Airbus makes 40 we make 40".
The dependence is very strong: an Airbus is 80% manufactured by subcontractors. Suffice to say that Airbus' announcement to maintain a production rate at only 40% of normal until 2021 will therefore have direct repercussions on the entire industry.
Murderous summer
The biggest players, like Safran, will resist. But the little ones will suffer, or worse file for bankruptcy. Derichebourg, Sogeclair Aerospace, Scalian… In recent days, announcements of social plans have been accelerating. "Consolidation will accelerate. The landscape of aeronautical subcontracting will change" explains an expert in the sector. Until then, we will have to resist a deadly summer.
Airbus announced a vast social plan on Tuesday with the elimination of 15,000 jobs, including 5,000 in France. The epidemic has put airlines around the world in serious trouble, dragging Airbus into this downward spiral. The European automaker is to present details of its plan this Thursday.
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