Airbus Wants To Save Jobs By Making Hydrogen Planes

CEO Faury expects the support of the German government to keep the jobs.

Aircraft manufacturer Airbus hopes that the German state will support it in dealing with the COVID-19 crisis.

As already announced, Airbus plans to cut a total of 15,000 jobs by the summer of 2021, including 5,100 in Germany alone.

With government support, there could be 2,000 fewer jobs in Germany, CEO Guillaume Faury said in the Spiegel interview. ” We believe that up to 500 jobs could be maintained if the federal government supported us, for example, through the hydrogen-powered aircraft development program, ” said the Airbus chief.

The short-term extension of the job to 24 months could additionally secure up to 1,500 jobs .” The talks have already started, Faury said in the interview.

When asked if the three Airbus owners affirm that Germany, France and Spain could increase their shares, Faury reacted negatively: “ When the crisis started, we secured 15,000 million euros in the capital market to reinforce our liquidity . At the moment, we do not see therefore any reason for a greater participation of the government in the capital of the company.

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