Coronavirus: Airbus extends furlough scheme in UK, Spain

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Airbus (AIR.PA) will extend its vacation program for 5,300 of its employees in Spain and the UK as it continues to address the economic impact of the coronavirus outbreak that has hit the travel industry particularly hard.
In the UK, Airbus said it had "agreed with the union to re-apply the government's employment program to around 2,200 manufacturing and production support workers at its commercial aircraft site in Broughton," a spokesman said in an email to Yahoo Finance.
This vacation period will begin on July 20 and end on August 9, he said. The last employees of an earlier wave are expected on July 1st.
READ MORE: Aer Lingus strips 500 jobs
In Spain, the aircraft manufacturer "reached an agreement on partial unemployment in Spain in May", which will come into force from May 20 to September 30 and will affect around 3100 employees.
All commercial aerospace workers in France are currently on vacation, he added. Around 29,500 employees work an average of 30% fewer weeks.
France announced earlier this month that it would pump £ 13.3 billion ($ 16.4 billion) into the aerospace industry, including Airbus and the national airline Air France.
According to a Bloomberg report, the company has vacationed employees in Germany, where it employs more than 46,000 people.
Airbus warned last week that its UK employees are facing a "more permanent" job cut than those in France or Germany who plan to maintain wage subsidies for up to two years, the FT reported.
Restructuring plans that may include job cuts are expected at the end of the month.
The pandemic has hit the travel industry. The Irish airline Aer Lingus had previously confirmed that it would lose up to 500 jobs due to the coronavirus pandemic.
As a result of the cuts, around 11% of the 4,500 employees will be lost, as up to 120 support jobs, 100 ground staff, 50 maintenance staff and 230 pilots and cabin staff will be lost.
READ MORE: Coronavirus: In some countries, quarantine rules apply to travel to relax

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