This morning, in an official press release, the Airbus group indicated that it was suspending its activity and global production in the face of the coronavirus epidemic and the new data and measures that have come out in the last few days. Let us discover together the details of this news.Trade in Airbus shares!
The French group has therefore taken the decision to suspend all its production in order to reorganise its workstations and improve the health safety of its employees. However, it plans to reopen on March 23rd and to continue delivering equipment.
It is therefore first and foremost a temporary measure for a few days to find an adequate organization for the current situation and in the face of the coronavirus epidemic. The group said: "This will allow sufficient time to put in place hygiene, distancing and cleaning measures to ensure the safety and health of employees. The group states that it "maximizes working from home whenever possible."
The group's management is currently working with the various production sites in order to select the people strictly necessary for production and to define schedules for them on the assembly lines, favouring shift reporting without crossover. These are measures taken as part of the containment measures decided by the Spanish and French governments to contain the Covid-19 epidemic.
The Airbus group plans to reopen its industrial sites next Monday and thus continues its global activity. It specifies that the delivery of new aircraft continues to be ensured in compliance with health regulations. Of course, the rate of production will be slowed down, but the appliances will be well delivered. Airbus delivered 55 aircraft to 35 different airlines in February and there have been no cancellations of orders so far.
The measures taken by Airbus will thus be taken at local level and in coordination with the social partners. The group's Force Ouvrière union said Monday that it is calling for the total containment of staff in order to protect them and the industry as a whole.
Finally, it should be noted that the group currently employs more than 48,000 people in France, notably in Toulouse in the assembly plant for the A330, A350 and A380 aircraft as well as helicopters in Marignane. Other sites are located in the Paris region, in Saint-Nazaire or Nantes. The Toulouse region alone has more than 40,000 employees, including on-site subcontractors.
As for the plants located in Spain, they currently employ 2,700 people in charge of the production of military aircraft such as the A400M.
Finally, it should be noted that other companies, particularly in the automotive sector, have also decided to stop or drastically reduce their production in this period of crisis.