This article is from the public number: Airline Industry Network (ID: chinaerospace) , author: aviation industry network, the original title “ 》
Airbus announced that it will suspend production at its French and Spanish plants for four days from March 18 to curb the rapid spread of the new crown virus.
Airbus releases official statement
Airbus said in a statement on March 17 local time that the suspension of production will allow the company sufficient time to maintain the health of its personnel and achieve safe production, and will increase operating efficiency under new working conditions, and Added that employees are allowed to work as remotely as possible.
Airbus said it will comply with guidelines from the WHO and national health authorities and will work with local customers and suppliers to minimize the impact of the outbreak.
In Toulouse alone, more than 25,000 Airbus employees will be affected.
There is an omen for temporary suspension
The Airbus statement was issued shortly after tougher measures were taken in France and Spain.
At 8 pm on March 16, French President Macron delivered a more than 20-minute televised speech, announcing a series of measures to deal with the new crown pneumonia epidemic: from noon on the 17th, residents are prohibited from going out (critical work, purchasing necessities, seeing a doctor, etc.) , try to work at home. The ban lasts 15 days and offenders will be punished.
Airbus Final Assembly Line © Airbus
One of France ’s leading unions, the Confederation of Workers ’Forces (Force Ouvriere) on Monday also requested Airbus management to announce a suspension Aircraft production. A spokesman for the union said that it is no stranger to resuming production after temporarily closing the assembly line, such as the summer suspension will not have a big impact, and the union hopes to suspend production for two weeks.
The Federation of Forces has huge influence in Toulouse, Nantes and Saint-Nazaire. The union said in a leaflet released on March 16 that in the face of the pandemic, company management’s measures were not enough.
Since the school has been closed this week, many employees have taken time off to look after their children at home. The sudden increase in absenteeism has greatly affected on-site production activities and also affected the design department. According to local media reports, only 30% of engineering staff arrived.
Requirements and pressure from both the government and the union have made Airbus temporarily stop production.
A Short Comment on Aviation Industry Network
Airbus mentioned that it would follow WHO guidelines. What are WHO guidelines? In short, it is the measures taken by China.
Director-General Dr. Tan Desai said, “We send a simple message to all countries: testing, testing, re-testing.” “All countries must respond comprehensively and show sufficient urgency in terms of detection, quarantine and contact tracking. Upgrade measures. To do this, it must be detected and isolated. ”
It can be seen that longer compliance periods are possible if this guideline is followed.
In contrast, France and Spain have taken relatively positive steps. But Britain, Germany, Japan and other countries obviously did not follow WHO’s guidelines for active detection.
Global epidemic situation on March 16th, picture from WHO
The impact on the aviation industry has been unprecedented.
Airbus’s 5-year stock price has fallen 55% from its January high!
In January, Airbus had a net increase of more than 270 orders, a new high in more than ten years, and its share price also reached a historic 139 euros. In mid-February, Airbus released its financial results for 2019, which is a very exciting one, and the strategic puzzle is almost complete! (Reference: < span class = "text-remarks"> Multiple pounds in a row! Airbus expands its overall layout ) . At the moment, risk management in general is pale in response to the crisis. This is also an important test for the new Airbus executive team that took office last year.
Analyzing the medium and long-term impact of the crisis, we can have a historical frame of reference, from small to large, which can be divided into three levels, the first level in 2008, the second level in 9/11, and the third level. Gulf crisis level (until the mid-1990s) (For details, please refer to: Airbus has zero orders in February! How bad is the worst case for aviation manufacturing? ) . 10 days ago, including IATA, mainstream views still had optimistic forecasts, and most people now believe that the impact has exceeded 2008.
1) Original Airbus statement:
https://www.airbus.com/content/dam/corporate-topics/publications/press-release/2020/03/EN-Airbus-update-on-COVID -19-related-measures.pdf
2) Please see the following link (daily update) for the daily WHO epidemic report:
https://www.who.int/emergencies/diseases/novel-coronavirus-2019/situation-reports
3) Speech by the Director-General of the WHO at a media briefing on March 16
https://www.who.int/en/dg/speeches/detail/who-director-general-s-opening-remarks-at- the-media-briefing-on-covid-19 — 16-march-2020? from = singlemessage
This article is from public number: Aviation Industry Network (ID: chinaerospace) < span class = "text-remarks">, author: aviation industry network