Airbus continues site divestment strategy

Airbus has terminated negotiations with the OHB / MT Aerospace consortium regarding the sale of the Airbus sites in Nordenham, Varel and the EADS site in Augsburg since a viable industrial and financial solution was not achievable. Airbus will continue searching for other solutions and, in parallel, will proceed with the carve-out of the three sites. The negotiations concerning the partial sale of Filton, the partnering for Meaulte/Saint Nazaire-Ville and the sale of Laupheim continue.

However, the volatility of the financial markets and a Dollar close to 1.60 – as opposed to 1.35 when the divestment process was started – have created difficult market conditions that are not conducive to an easy and smooth implementation of this process. In this environment, Airbus will have to consider different approaches or interim steps that will finally lead to the same goal.

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