The Power8 turnaround programme will restore Airbus’s competitiveness. Its eight modules will reduce costs and streamline the industrial organisation.
Power8 aims to build a “new Airbus”, a fully integrated company that will be leaner, more effiscient and more productive. The result should be faster aircraft development and a clearer focus on Airbus’ core business – as aircraft architect and integrator, in addition to supporting the operations of its aircraft.
The programme achieved its goals for the year 2007, notably reducing annual costs more than the year’s € 300 million target. Additionally, integration took a step forward with the eight mostly national Centres of Excellence consolidated to four fully transnational organisations, covering fuselage and cabin, wing and pylon, aft fuselage and empennage, and aerostructures.
EADS and Airbus intend to transform Airbus supply chain by selling aerostructures manufacturing sites to buyers that will form long-term partnerships with Airbus, becoming strong tier-one suppliers.
Further information |
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Press Releases |
Webcast |
Conference Call on Power8 28th February 2007 |