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Airbus Says That Its A3xx Largely Matches The Specific Requirements Of 12 Major Airlines The Consortium Has Visited In Recent Months For A Very High Capacity Aircraft. Half Of The Carriers Were Asian Based, The Others Were From North America And Europe. Airbus Says The Airlines Are Happy With Current Passenger Comfort Standards And Class Configurations And Want Trans Pacific Range Yet With The Flexibility To Operate Efficiently On Short And Medium Haul Routes. (Airbus)
Newsdesk — Commercial Aviation
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Fokker Bites The Bullet
Faced with continuing heavy losses, Fokker — now a member of the Daimler Benz Aerospace group — is to introduce another restructuring programme which “must restore the company’s profitability by 1996”. Actions to be put into place include: concentrating on core activities; bringing parts and components production under the control of a new organisational unit, Fokker Aerostructures; reducing the size of the company by closing its head office in Amsterdam, slimming down its engineering department and closing two component manufacturing plants; reducing the wage bill by about 10% through restoring a 40 hour working week with the same wage levels and making part of the workers’ wages profit dependable; cutting the workforce by 1760 or 20% of the current level; and renegotiating prices with outside suppliers as well as turning the larger ones into risk and revenue sharing partners.
Some of the planned measures are radical in this day and age, particularly those relating to employees’ working hours and conditions. Talks with the appropriate unions on these matters are scheduled to begin shortly. Fokker blames its poor financial performance on falling market airliner prices due to the poor financial state of the airlines, worldwide overcapacity — especially in the production of regional airliners — which has caused savage price cutting, and the low dollar exchange rate. Fokker expects demand for new aircraft will improve considerably in the 1996-2000 period but prices will remain under pressure as the manufacturers compete fiercely for the business.
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