Daily Management Review

Airbus temporarily suspends production in France and Spain due to coronavirus


03/17/2020


The European aircraft manufacturing concern Airbus will suspend production at factories in Spain and France over the next four days due to the spread of coronavirus, the company said in a statement.



"Airbus is closely monitoring the development of the situation with the COVID-19 virus around the world and constantly evaluates the situation, the impact on employees, customers, suppliers and business," the company notes. In these countries, the company will continue to encourage employees to work remotely wherever possible.

The company added that it "follows the directions of the World Health Organization (WHO) and national health authorities."

Airbus is not the first European company to suspend production in factories due to coronavirus. So, the French automobile concern PSA Group (formerly PSA Peugeot Citroen) said on Monday that it was closing its major European plants until March 27. French automaker Renault is also halting production activity at its sites in France until a new order.

On March 11, WHO announced the outbreak of the new coronavirus COVID-19 a pandemic. More than 164 thousand people in 146 countries are already infected in the world, the majority have recovered, more than 6.4 thousand people have died.

Airbus Group is one of the leaders in the aerospace industry, defense and related sectors; it unites three key divisions - Airbus, Airbus Defense and Space and Airbus Helicopters. The concern was founded in 2000 by the merger of the German company Daimler-Benz Aerospace AG, the French Aerospatiale-Matra and the Spanish CASA, and until January 2014 was called EADS. Headquartered in Toulouse.

source: reuters.com