Breaking News
Investing Pro 0
New Year’s SALE: Up to 40% OFF InvestingPro+ CLAIM OFFER

Airbus wary of squeezing out suppliers as tops hiring target

Stock Markets Dec 02, 2022 04:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters. FILE PHOTO: The logo of Airbus is pictured on a flag at the entrance of the Airbus facility in Bouguenais near Nantes, France, November 14, 2022. REUTERS/Stephane Mahe

By Tim Hepher

MUNICH (Reuters) - Airbus, struggling to meet resurgent jet demand in the face of crumbling supply chains and labour shortages, has exceeded this year's hiring targets but is wary of crowding out its own critical suppliers in the race to populate factories.

Airbus recruited "much more" than the 6,000 people required in its initial forecasts this year, Chief Human Resources Officer Thierry Baril told reporters this week.

That includes 100% of its goals for the best-selling A320-family, which generates most of its revenues and cash.

But the European planemaker is also having to monitor the risk of over-hiring at the expense of its own suppliers, which could put even more pressure on a weakened supply chain.

"We have to be careful not to be too present on the market and (we are) protecting our suppliers. We try not to drive the market too much but leave opportunities for our supply chain," Baril told reporters.

"If at the end we are recruiting all the people, and not respecting the supply chain, we are suffering. It's a balance which is not so simple."

The comments on the sidelines of a company event underscore the impact on aerospace of the so-called Great Resignation, which saw accelerated departures during COVID-19 followed by problems in hiring experienced workers back as demand recovered.

European furlough schemes helped Airbus maintain partial production during the pandemic but many smaller players face labour shortages and a steep learning curve for new employees just as the industry is once again facing rising demand.

"First we had the pandemic, and now we are looking at a new shock, this time an upward shock in the way we handle the recovery," another senior aerospace industry executuve said.

Once an emblem of European industry with its hospital-clean production halls and relatively high wages, aerospace is having to compete with newer urban employers and a broad shift in bargaining power towards workers and away from large employers.

Chief Commercial Officer Christian Scherer told reporters this week demand for jets was recovering but noted "very tight labour markets for us and our customers".

The European ASD aerospace and defence industry said this week employment had returned to pre-crisis levels. The industry employed 942,000 people in 30 European nations in 2021.

Even so, many aerospace companies are having to overhaul their straegies for attracting and retaining staff.

"The longer they wait, the more burnout they will create among existing employees, potentially leading to even more attrition," Arpad Szakal, principal consultant at executive search firm Cormis Partners, warned in an article published by Britain's Royal Aeronautical Society.

Baril said Airbus would update hiring targets in January.

Airbus wary of squeezing out suppliers as tops hiring target

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your profile, will be public on and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
Sign up with Email