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Manufacturing

Airbus rules out further production cuts at this stage and expects 'relative stability'

The aerospace giant cut production levels by a third in April

The Airbus BelugaXL lands at Hawarden Airport in snow as the remnants of Storm Ciara sweeps across North Wales. Photo by Ian Cooper(Image: Ian Cooper/North Wales Live)

Airbus has ruled out further cuts to production at this stage.

In April the aerospace giant announced new production rates - which represented around a one-third cut in production.

It saw the monthly A320 production rate go from 60 to 40 per month - while the A330 programme was reduced to two jets a month and the A350 to six planes.

With the aviation market increasingly volatile there had been concerns the production rate could fall further.

But Airbus today said: "For the time being there is no need to change what we had announced in April, and we expect relative stability in our production planning.

View of the Airbus º£½ÇÊÓÆµ Broughton Factory with plane wings outside. Photo by Ian Cooper(Image: Ian Cooper/North Wales Live)

"We believe that most of the rate adaptation effort required to match the new levels of customer demand has been done - further adjustments should be minor."

Airbus chief executive Guillaume Faury has warned all its 135,000 global staff that cuts lie ahead - and 500 Guidant agency workers are already facing redundancy at Airbus Broughton in North Wales, where 6,000 workers are employed.

The aerospace giant has placed more than 3,000 workers on furlough from the site although this month hundreds have of staff have started to return as production was restarted.