
© Reuters. FILE PHOTO: The logo of Airbus is seen at the entrance of a building in Toulouse, France, March 11, 2021. REUTERS/Stephane Mahe/File Photo
PARIS (Reuters) – Airbus on Wednesday softened plans to sell off the production of mass-produced small parts and said it would consider a union-backed proposal to keep the activity in-house.
Airbus last month cancelled plans to sell two larger aerostructures subsidiaries, and announced a new proposal to hive off the production of small mass-produced parts into a new company with a view to selling that instead.
But after meeting unions on Wednesday, the European planemaker said it would “analyse a scenario in which this separated scope would remain stand-alone within Airbus” while adding it preferred its original option.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.