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Airbus Promises A Long And Profitable Future To Its Suppliers

Airbus has signed a charter agreement with its suppliers demonstrating its long term commitment to continue working with these companies.

The charter was initiated to ensure that the production of Airbus aircraft remains competitive in the years ahead. Airbus envisions increased cooperation and collaboration in the future, as supplier companies will start to play a larger and more involved role on every step in the development of a new aircraft.

Airbus has said that they are committed to supporting the growth of their suppliers based on need, and envisions a future when they all work together more as partners.

The suppliers will benefit from more visibility on the production plans as well as business perspectives.

The future "partners" will share in the development costs and development investments of this future integration. Airbus will also encourage the growth and development of currently smaller suppliers, in the effort of transforming them into tier 1 suppliers of the future.