Feeds

'Painful' job losses likely at Airbus

A380 delays provoke 'cost-cutting measures'

Intelligent flash storage arrays

Airbus's new boss Louis Gallois has warned the company faces "painful" job losses as a result of delays to the A380 "Superjumbo" programme, the BBC reports.

Gallois, who today replaced Christian Streiff as top gun after the latter managed just three months in the big seat, said "cost-cutting measures would be evenly split between Airbus's French and German operations". He explained the plans would include the "eliminations of posts, and we will have to pose questions about sites", confirming: "There will be job losses."

Streiff is believed to have jumped ship in a dispute with Airbus parent company EADS over cash for the troubled A380 programme. He is said to have wanted more money to deal with the "wiring problems" which have now caused three delays to the commercial roll-out of the aircraft.

EADS last week announced its third revised delivery schedule for the A380. Its press release explained: "According to this revised plan, the first A380 will be delivered in October 2007. Thirteen more will be delivered in 2008 and 25 in 2009. The industrial ramp-up will be completed in 2010, when 45 A380s are going to be delivered."

The latest delay will cost EADS an extra €2.8bn in profits over the next four years, in addition to the €2bn announced in June 2006. It may also cost it some hefty compensation claims from customers such as Virgin Atlantic and Singapore Airlines which have expressed increasing disquiet over the set-backs.

The impact of the job cuts in the UK is unknown. Airbus has two British plants designing and manufacturing A380 wings - at Broughton, north Wales and Filton, near Bristol.

Rolls-Royce last week announced suspension of A380 Trent 900 engine production, although the effects on the workforce are as yet unclear. ®

Intelligent flash storage arrays

More from The Register

next story
MARS NEEDS WOMEN, claims NASA pseudo 'naut: They eat less
'Some might find this idea offensive' boffin admits
Boffins who stare at goats: I do believe they’re SHRINKING
Alpine chamois being squashed by global warming
LOHAN crash lands on CNN
Overflies Die Welt en route to lively US news vid
Comet Siding Spring revealed as flying molehill
Hiding from this space pimple isn't going to do humanity's reputation any good
Experts brand LOHAN's squeaky-clean box
Phytosanitary treatment renders Vulture 2 crate fit for export
No sail: NASA spikes Sunjammer
'Solar sail' demonstrator project binned
Carry On Cosmonaut: Willful Child is a poor taste Star Trek parody
Cringeworthy, crude and crass jokes abound in Steven Erikson’s sci-fi debut
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.