Airbus Germany facility to be sold

The plant will be purchased by a joint venture consisting of Germany's Diehl Aerosystems and France's Thales SA.

The Associated Press reported on Aug. 1 that the Airbus Industrie (Toulouse, France) facility in Laupheim, Germany, will be sold to a joint venture firm consisting of Germany's Diehl Aerosystems and France's Thales SA.

The sale of the Laupheim site is part of Airbus' Power8 production restructuring program, aimed at cutting costs and boosting profitability after delays to the superjumbo A380 and the mid-size A350 XWB. Airbus is selling facilities in Germany, France and England to partner-suppliers. The facilities, some of which produce composite parts and structures, will be used to produce components for the A350 XWB.

Airbus parent EADS said the Laupheim plant has 1,100 employees and produces cabin linings, compartments and air ducts for the A320 family and the A380. An Airbus facility in Varel, Germany, and an EADS plant in Augsburg, Germany, are still for sale, as are plants in Meaulte and Saint Nazaire, France. GKN Aerospace is negotiating to purchase the Airbus facility in Filton, U.K.