Airbus has reached an extensive agreement with its employee representatives on the industrial realignment of the aerospace group.

According to the aircraft manufacturer, this relates to the establishment of a new section assembly company and the future of Premium Aerotec's component and assembly production. The assembly of aircraft fuselages, which is currently distributed across the entire company and its subsidiaries, will be combined in a new company and fully integrated into the group as a core activity on July 1, 2022. In April, Airbus announced the creation of two companies – one in France, which took place earlier this year – and one in Germany as part of a reorganization of its aircraft structure assembly in Europe.

"With the industrial realignment, we at Airbus are creating the right conditions for the aircraft construction of the future and are strengthening Germany's role within Airbus in Europe for the coming decades," said CFO Dominik Asam. The concept can now be fully implemented with the agreement.

Airbus also announced that Muhr und Bender KG (brand name "Mubea") had made a convincing offer for the production of individual parts by the supplier Premium Aerotec. It includes the Augsburg and Varel locations as well as the Premium Aerotec subsidiary in Brasov, Romania. The medium-sized family company wants to keep the jobs and even expand the locations. According to the information provided, Mubea's offer includes a comprehensive concept for long-term job security and enables the creation of a competitive German company whose core business will be the production of individual parts and assemblies. This will make the new company an important long-term supplier for Airbus' industrial system - the group will secure an important part of its order volume as a key customer. 

In the coming weeks, the employee representatives will examine Mubea's written offer in relation to locations and employees. The final decision on the sale will be made together with the employee representatives. If no agreement can be reached, the group has already agreed on conditions for an internal conversion: In this case, the Augsburg and Varel locations will remain as separate legal entities within the Airbus group and will be competitively positioned through suitable conversion measures. After a successful conversion, which is to be implemented without operational redundancies, integration into the new section assembly company is to take place on June 30, 2025.