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    Olivier Brochet • Redburn Atlantic

    Olivier Brochet's questions to Airbus SE (EADSY) leadership

    Olivier Brochet's questions to Airbus SE (EADSY) leadership • Q1 2025

    Question

    Olivier Brochet of Redburn Atlantic asked for an update on the current level of overstaffing and where it's expected to be at year-end, and also inquired about the biggest upside opportunities in the defense business by geography and product.

    Answer

    CFO Thomas Toepfer explained that overstaffing has improved from a peak of around 10,000 in 2023 to roughly 7,000-8,000, and will continue to decrease in 2025 but won't reach zero until around 2027. CEO Guillaume Faury identified defense upside across helicopters, military aircraft, and space, with short-term demand from home countries in Europe (Germany, France, U.K.) and strong export demand from traditional markets.

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    Olivier Brochet's questions to Airbus SE (EADSY) leadership • Q1 2024

    Question

    Olivier Brochet requested an update on the ramp-up of the A320 family final assembly lines in Toulouse, Mobile, and Tianjin, and asked if the A220 contract negotiations in Canada would impact full-year guidance.

    Answer

    CEO Guillaume Faury reported that the A320 family production system ramp-up is progressing well, with the new Toulouse line delivering aircraft and construction in the U.S. and China on track for the rate 75 target in 2026. He stated that the A220 labor negotiations in Canada are being managed and are not expected to have any impact on the company's full-year guidance for deliveries, EBIT, or cash flow.

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