Monday, January 15, 2007

au revoir

And, guten tag, says Airbus:

European aircraft maker Airbus plans to end production at a French factory for its A320 single-aisled jet and move operations to Germany, French newspapers reported Monday.

"There will be only one assembly line for single aisles," Airbus chief executive Louis Gallois told trade union representatives, La Tribune daily paper said.

Manufacturing will take place uniquely in Hamburg, one of two existing sites, at the expense of a factory at Airbus headquarters in Toulouse, southern France, La Tribune and rival daily Le Figaro reported.

Airbus is to unveil a vast restructuring plan next month called Power 8, which is expected to include a simplification of the group's manufacturing processes.

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