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The Toulouse region taken from behind by the aeronautical crisis

2020-05-11T14:24:05.597Z


REPORT - After 20 years of growth, the aeronautical industry, the locomotive of Occitania, has lost 40% of its activity. The drop in tax revenue could postpone the construction of the third metro line in Toulouse.


Toulouse

In the Toulouse region, aircraft parts factories have only been running at half their capacity since mid-March. Until then, and for 17 years, they have been operating at full speed with the increase in Airbus production rates… This drop in activity is primarily due to the decrease in production announced by Airbus in the coming weeks. The aircraft manufacturer has reduced its production by a third (from 60 to 40 A320s per month, in particular) and could announce a further reduction in June; he will have reviewed the schedule of orders with the airlines. This has repercussions on subcontractors, with a drop in purchases of parts or packages by Airbus.

Read also: Weakened by the Covid-19 crisis, French aeronautics needs help

In the ecosystem of suppliers (500 in Occitania), the most impacted are the second and third tier subcontractors: their activity drops further, due to the use of parts stocks and the internalization of manufacturing by their clients. " For five weeks, I have 60% fewer orders because I am undergoing destocking

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Source: lefigaro

All business articles on 2020-05-11

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