Germany threatens EADS over cuts at Airbus

Germany threatens EADS over cuts at Airbus

German Economy Minister Michael Glos has said that the country might cut their orders with the aircraft manufacturer Airbus if EADS shifts production at its Airbus unit out of the country.

Glos was quoted as saying: “We insist that Germany remain a high-tech location for Airbus, especially where the manufacture of fuselages is concerned.”

He added: “If that isn’t the case, Germany would have to reconsider its weapons orders at Airbus parent company EADS. We will not put up with the planned cuts to jobs and high-tech know-how in Germany under any circumstances.”

Christian Wulff, premier of the German state of Lower Saxony added in a statement that Glos would meet Airbus Chairman and EADS co-Chief Executive Louis Gallois in Berlin on February 13.

These actions might result in job cuts for 8,000 workers in the country where Airbus employs about 22,300 people.