SEARCH:
 
News
Aviation International News
Airshow & Convention News
AIN Defense Perspective
AIN Air Transport Perspective
Business Jet Traveler
AINalerts
AINmxReports
AINtv

Look inside Current Issue

SUBSCRIBE NOW...

SPECIAL REPORTS

Bizav Web Directory
Visit our directory of manufacturers, suppliers and service providers

Issue Archives
Search through years of
AIN past issues


CALENDAR OF EVENTS
Search through the latest
events and conferences



REPRINTS

RSS Feed



GKN Takes Over Former Airbus UK Factory

GKN Aerospace assumed full ownership of the former Airbus wing component and assemblies factory at Filton, UK, on Monday. The UK group has acquired the facility from Airbus for £136 million ($199 million).

The Filton plant makes wing leading and trailing edges for the A330, A340 and A380 widebody airliners. It already holds contracts to manufacture rear spars and trailing edges for the new A350XWB, and plans to produce the first units for that program in the second quarter of 2010.

GKN chief executive Marcus Bryson said yesterday that the former Airbus operation is now seeking aerostructures work for other OEMs, including possible contributions for rival Boeing airliners. The company, which specializes in composite structures, is already a partner on Boeing military programs and it is also pursuing work on Bombardier’s new C-Series airliner.

According to Airbus, the sale of the Filton wing assembly operation completes the restructuring of its aerostructures activities. Under the Power 8 cost-reduction plan devised in 2007 in response to the weakness of the U.S. dollar against the euro, Airbus had intended to sell the UK plant, in addition to several others in France and Germany. In October last year it managed to offload the Laupheim, Germany factory to the Diehl/Thales joint venture, but it could not complete the sale of other facilities. Accordingly, the European airframer’s parent company EADS has opted to run the German Airbus sites at Nordenham and Varel under a new joint venture called Premium Aerotech. Similarly, a new company called Aerolia runs the French locations of Meaulte and St. Nazaire Ville. EADS, rather than Airbus itself, directly owns both of the companies, which began operations on January 1.

Back

Share This Article With Others

Tweet thisDigg thisRedditBookmark on deliciousStumble thisShare on FacebookFave on Technorati

Related Articles

Bombardier Upbeat in Bizjet Forecast
July 01, 2009

In its latest forecast, Bombardier expects total deliveries of 11,500 business jets worth $256 billion between this year and 2018. The fleet...

 
Bizav industry hopeful in the face of OEM cutbacks
July 01, 2009

“Up slightly.” That’s the hopeful phrase often on the lips of those in business aviation these days when describing the health of the industry....

 
Request for BARR Data Ends Up in Court
July 01, 2009

Investigative journalism organization ProPublica filed a Freedom of Information Act (FOIA) request in December, asking the FAA to release the...

 
Experts divided on industry rebound
July 01, 2009

The radical shifts in business aviation over the past year were the focus of last month’s 16th annual Corporate Aircraft Transactions seminar...

 
Bombardier’s Toronto Plant Averts Strike
June 29, 2009

Workers at Bombardier’s de Havilland plant in north Toronto ratified a new three-year labor contract yesterday, averting a strike that stood to...