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Thu, Feb 06, 2020

Airbus Weighs In On Coronavirus

China Operations Have Been Impacted, In Particular

Airbus Statement: Airbus is closely monitoring the evolution of the Coronavirus situation and following the World Health Organization travel advice that is affecting Airbus globally.

The Company is regularly updating staff on the situation and on necessary precautions to take.

Airbus China is observing Chinese Government requirements for staff to work from home and is facilitating with IT equipment so employees from all locations including Tianjin do not need to travel to work where possible. With regards to the business impact, China domestic and worldwide travel restrictions are posing some logistical challenges. The Tianjin Final Assembly Line facility is currently closed.

Airbus is constantly evaluating the situation and monitoring any potential knock on effects to production and deliveries and will try to mitigate via alternative plans where necessary.

Airbus will provide updates as the situation evolves.

FMI: www.airbus.com

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