Feeds

'Painful' job losses likely at Airbus

A380 delays provoke 'cost-cutting measures'

Secure remote control for conventional and virtual desktops

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
SCREW YOU, Russia! NASA lobs $6.8bn at Boeing AND SpaceX to run space station taxis
Musk charging nearly half as much as Boeing for crew trips
Boffins say they've got Lithium batteries the wrong way around
Surprises at the nano-scale mean our ideas about how they charge could be all wrong
Thought that last dinosaur was BIG? This one's bloody ENORMOUS
Weighed several adult elephants, contend boffins
Europe prepares to INVADE comet: Rosetta landing site chosen
No word yet on whether backup site is labelled 'K'
India's MOM Mars mission makes final course correction
Mangalyaan probe will feel the burn of orbital insertion on September 24th
Cracked it - Vulture 2 power podule fires servos for 4 HOURS
Pixhawk avionics juice issue sorted, onwards to Spaceport America
City hidden beneath England's Stonehenge had HUMAN ABATTOIR. And a pub
Boozed-up ancients drank beer before tearing corpses apart
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.