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Airbus Defence and Space enters consultation process with employee representatives on restructuring

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Taufkirchen, 19 February 2020 – Today, Airbus Defence and Space has entered the consultation process with the company’s European works council on the division’s planned restructuring. While the underlying business perspectives especially in the core business remain solid, these steps became necessary after the division achieved a book-to-bill ratio below 1 for the third year in a row, mainly caused by a flat space market and postponed contracts on the defence side.

The plans presented to the employee representatives foresee the reduction of 2,362 positions until end of 2021, thereof 829 in Germany, 357 in UK, 630 in Spain, 404 in France and 142 in other countries. These efforts will be supported by a reinforced profitability programme and further measures to increase long-term competitiveness and safeguard the division’s future positioning.

The need for restructuring was first announced in December 2019 and emphasized also during the company’s Annual Press Conference in Toulouse on February 13. Airbus Defence and Space will provide updates on its plans and continues a constructive dialogue with employee representatives. Further financial implications are under assessment and will be communicated at a later stage.

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Alvaro BetetaHead of Communications Spain +34 697 603 531
Ralph HeinrichAIRBUS | Defence and Space +49 171 304 9751
Martin AgüeraAIRBUS | Defence and Space +49 175 227 4369
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Guilhem BoltzAIRBUS | Defence and Space +33 6 34 78 14 08
Florian TaitschHead of External Communications - Airbus Defence +49 151 528 49288
Bruno DaffixAIRBUS | Defence and Space +33 6 48 09 96 50