FRANKFURT – Airbus Defense and Space has reached an agreement with its European works council over how labor cuts in the new division are to be implemented. The company is now ruling out layoffs between now and the end of 2016 and has in return achieved speedy approvals by European unions of its new structure. Airbus DS was set up as a result of the merger of Cassidian and Astrium as well as the military part of Airbus (A400M, tanker). The company has been in consultations about the ...


You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Airbus Defense & Space Reaches Labor Deal On Layoffs, Structure".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.