SATURDAY APR 01, 2023
×
Search AeroXplorer
Airbus to Cut 15,000 Jobs Amidst Covid-19

Airbus to Cut 15,000 Jobs Amidst Covid-19

BY KYLE JONAS 19449d AGO 0 COMMENTS

One of the largest aircraft manufacturers, Airbus, will be cutting around 15,000 jobs due to the lull in production as a result of Coronavirus. In February, they stopped production of the a320 in Asia in hopes of preventing the spread of COVID-19. Many airlines have also grounded the A380, which is now in the process of being rapidly phased out. In fact, Air France recently retired their final aircraft of the type

 

 

Air France Airbus A380-800
Airbus has recently retired their final a380. Bella Nava

 

 

In a statement, Airbus CEO Guillaume Faury said, "Airbus is facing the gravest crisis this industry has ever experienced. The measures we have taken so far have enabled us to absorb the initial shock of this global pandemic. Now, we must ensure that we can sustain our enterprise adjusting to the overwhelming challenges of our customers...To confront that reality, we must now adopt more far-reaching measures."

 

According to Statista.com, the French based company had "just under 135,000 [employees] as of December 31, 2019" while Boeing had "more than 161,000" at the end of 2019. 

 

 

Virgin Atlantic  Airbus A350-1000
Airbus is cutting around 15,000 jobs.  Metropolitan Plane Spotting

 

 

The company also said that "after an in-depth analysis of customer demand, it does not expect air traffic to recover to pre-pandemic levels before 2023, and potentially as late as 2025," which is also something TheExplorerBlog discussed. Faury also said "To confront that reality, we must now adopt more far-reaching measures," and that due to the fact commercial jet revenue has dropped 40% lower than what is pre-pandemic, the job cuts would "be much worse without support Airbus is receiving from European governments."

 

Additionally, many workers are now working part-time and receiving unemployment benefits from their respective governments through September, and for some, beyond.

 

 

EVA AIR Airbus A321-200
Airbus is experiencing a large decrease in demand, resulting in the cutting of many jobs and forcing many more to be done part time. Lucas Wu

 

 

How do you feel about Airbus cutting so many jobs? Do you think Airbus will be able to recover?

 

 

 

https://www.seattletimes.com/business/boeing-aerospace/airbus-will-cut-15000-jobs-as-aviations-pandemic-crisis-worsens/

https://www.statista.com/statistics/264361/eads-worldwide-number-of-employees-since-2006/

Kyle Jonas
Kyle is a high-school age aviation enthusiast born in Washington, D.C. but living in Chicago. He has always loved aviation. He lives right in between the approach paths for ORD and MDW, so he can watch the wide variety of aircraft land from his house. He hopes to become a commercial pilot when he grows older. In addition to aviation, Kyle likes baseball and running.

Comments (0)

Add Your Comment

SHARE

TAGS

NEWS COVID-19 Coronavirus Airbus Job Cuts A380 Airbus A380

RECENTLY PUBLISHED

Red Way: America's Newest Airline is a Little Different Red Way is a charter airline based out of Lincoln, Nebraska planning to launch operations in June. With aircraft being operated for them by Global X, this new company is taking a unique approach to low-cost air travel. NEWS READ MORE »
Japan and Australia's Plans for Sustainable Aviation Fuel Sustainable aviation fuel is growing in popularity amid ongoing plans by the aviation sector to decarbonize. Japan and Australia are cooperating to expand the production of SAFs. INFORMATIONAL READ MORE »
Delta Scraps Dallas Love Field Route Before it Even Starts On Monday, Delta Air Lines made headlines when it announced that its originally planned route from New York La Guardia Airport (LGA) to Dallas Love Field Airport (DAL) would not launch in June as previously planned. ROUTES READ MORE »


SHOP

$2999
NEW!AeroXplorer Aviation Sweater Use code AVGEEK for 10% off! BUY NOW

FOLLOW US ONLINE