French President Nicholas Sarkozy’s vow to reopen discussions about the Airbus restructuring plan has triggered concerns that UK might face further job cuts than those set out earlier this year under Airbus’ Power8 restructuring plan.
UK MP, Peter Luff, assert that Mr Sarkozy might attempt to reduce the thousands of job losses proposed by Airbus in France. As part of 10,000 job cuts across Europe due to rising technical costs on the A380 superjumbo aircraft, 1,500 are coming from Airbus’s 11,000-strong UK workforce.
Although there is no prior evidence of such type of development, but the committee advised UK’s government to be alert of the possibility, as BAE Systems has sold its 20 percent in Airbus last year, the UK is without influence on the EADS board. Airbus’ plants in Britain have secured 20 percent of work on the company’s new A350 aircraft and are now the centre of excellence for wing making.
U.K. lawmakers have raised their voice against it and advised Britain to fight against any effort by French President Nicolas Sarkozy to shift a greater share of Airbus jobs from U.K. to France.
It’s notable that airbus has lost its No. 1 place to its only rival Boeing Co., although it has done well in the Paris air show, but that’s not enough to emerge from the losses.
