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Airbus chief: A380 and A350 assembly could be concentrated in Toulouse

Airbus chief: A380 and A350 assembly could be concentrated in Toulouse

Airbus is considering a transfer of assembly work on the troubled A380 superjumbo to France from Germany, and assembly of a planned A350 mid-sized jet could also be based at the company's Toulouse headquarters, Chief Executive Christian Streiff said in an interview published Thursday.
Streiff's comments, in an interview with French daily Le Monde, could raise concern among German staff unions already fearful that the crisis over the A380's two-year production delay could lead to a cuts in Germany, as work on the plane is concentrated on one site to save transportation costs and time.
Asked whether he planned to transfer A380 work to Toulouse from Hamburg, where Airbus currently has an A380 paintshop, cabin-fitting plant and delivery center, Streiff said: "Everything's possible but nothing's decided. I'm looking at all ideas."
Production changes will be discussed with workers and decided "in the interest of Airbus," he said, within three or for months.
Airbus, which had doubled the A380's production delay to one year in June, doubled it again to two years on Tuesday and said the accumulated holdups would wipe a total euro4.8 billion (US$6.1 billion) off operating profit for parent company EADS.
Shares in European Aeronautic Defence and Space Co. _ which have fallen more than 38 percent from their all-time peak of euro35.13 (US$44.56) on March 13 _ were 2.8 percent lower at euro21.10 (US$26.76) in Paris trading Thursday.


Updated : 2021-04-23 23:34 GMT+08:00