Odd to see that mentioned - Enders said at the AGM yesterday that it was losing money hand over fist, and hinted that they might close it:-
"One of the actions is ensuring that the Route 06 cost savings reach their target, and Forgeard's German counterpart, co-CEO Tom Enders, said the initiative was "on track".
"Another is a widely expected plan to halt losses at EADS's aircraft maintenance subsidiary in southwest France, Sogerma, where about 500 jobs are at stake.
"Sogerma is bleeding. We had more losses than expected in 2005," Enders told the EADS annual shareholders' meeting.
"EADS says Sogerma losses widened by 198 million euros in 2005 but has not given the total of losses at the unit, which is not separated out in the accounts since it is small in the context of total EADS operating income of 2.9 billion euros in 2005.
"About 400 Sogerma workers protested alongside the runway at the Bordeaux-Merignac airport two weeks ago against possible job losses and closure of their plant.
"Enders said "significant" decisions would be taken in weeks."
A319XFW From , joined Dec 1969, posts, RR: Reply 4, posted (3 years 6 months 1 week 1 day 1 hour ago) and read 369 times:
Quoting NAV20 (Reply 3): Odd to see that mentioned - Enders said at the AGM yesterday that it was losing money hand over fist, and hinted that they might close it:-
They weren't taking about closing EADS Sogerma, just the possibility of closing the Bordeaux site of it.
NAV20 From Australia, joined Nov 2003, 7136 posts, RR: 40 Reply 5, posted (3 years 6 months 1 week 1 day 1 hour ago) and read 356 times:
Only said 'might', A319XFW.
If it's losing money on that scale (E198M. isn't the total losses, that's just the increased losses in 2005) I doubt that just a few redundancies will turn it round.
Anyone know how Airbus manages to make losses on that sort of scale on maintenance? The popular wisdom is that maintenance over the life of the aircraft they sell is where manufacturers make a lot of money, not lose it?
"Once you have flown, you will walk the earth with your eyes turned skywards.." - Leonardo da Vinci
A319XFW From , joined Dec 1969, posts, RR: Reply 6, posted (3 years 6 months 1 week 1 day 1 hour ago) and read 352 times:
Quoting NAV20 (Reply 5): Only said 'might', A319XFW.
If it's losing money on that scale (E198M. isn't the total losses, that's just the increased losses in 2005) I doubt that just a few redundancies will turn it round.
Anyone know how Airbus manages to make losses on that sort of scale on maintenance? The popular wisdom is that maintenance over the life of the aircraft they sell is where manufacturers make a lot of money, not lose it?
Sorry, I thought you meant might close the whole thing whereas I was refering to might close the one site!
And surely you mean Sogerma in there instead of Airbus? But the unions have been trying to get other EADS subsidaries (e.g. Airbus and Eurocopter) who are currently recruiting, to take the Sogerma workers.
NAV20 From Australia, joined Nov 2003, 7136 posts, RR: 40 Reply 7, posted (3 years 6 months 1 week 1 day 1 hour ago) and read 327 times:
Sorry in my turn, A319XFW, should have put 'EADS'.
Enders was referring to the whole of Sogerma, though, not just Bordeaux:-
"Sogerma is bleeding......"
Still seems odd that their maintenance side seems to be such a 'loss centre'. Buying things like aeroplanes is optional, keeping them maintained (at whatever cost) is not.
"Once you have flown, you will walk the earth with your eyes turned skywards.." - Leonardo da Vinci
Wjcandee From United States, joined Jun 2000, 3743 posts, RR: 19 Reply 9, posted (3 years 6 months 1 week 1 day ago) and read 300 times:
Quoting Mt99 (Reply 8): This is something to be proud of.
Of course it is. However, excellence can come anywhere, and Aeroman has proven itself to be one of the very best in the world on the A320, giving both Air Canada and TIMCO a run for their money on quality. Aeroman even tracks the aircraft for six months after return from a C or D check, to be able to compare the quality of its work against its competitors.
Bullpitt From Spain, joined Mar 2004, 855 posts, RR: 13 Reply 10, posted (3 years 6 months 1 week 1 day ago) and read 294 times:
Glad to see my colleagues from Iberia Maintenance and Engineering there. The fact is every day I see different airlines here for some type of work. By the way which company is LTE.es they have 2 planes here at the moment and I had never seem them before.
These are my principles but if you don't like them I have others
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