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Airbus hands employees extra 1,500 euros as inflation hits
by AFP Staff Writers
Paris (AFP) Oct 24, 2022

European aircraft maker Airbus announced Monday a one-off payment of 1,500 euros for all employees in its four founding nations -- UK, France, Germany, Spain -- as inflation hits.

"The Airbus Executive Committee has decided that an exceptional premium will be paid before the end of 2022 to all Airbus* employees," including senior management, the company said in a message to employees seen by AFP.

Outside of the four main Airbus countries, employees will receive a special premium, "calculated as a percentage of the average local base salary," the planemaker said.

At the end of last year, Airbus employed 126,000 people worldwide, including 46,000 in France and 43,000 in Germany

"The volatility, uncertainty, complexity and ambiguity that characterise our current environment have been further reinforced in recent months by the energy crisis and inflation," Airbus said in its message to employees.

"This phenomenon of widespread price rises is placing a heavy and direct financial burden on the economies of many countries and companies. This reality also applies to Airbus employees," it added.

mra/ys/pvh/cdw

AIRBUS GROUP


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Five Indian soldiers killed in chopper crash near China border
New Delhi (AFP) Oct 22, 2022
Five Indian army soldiers were killed when their helicopter crashed near the country's disputed border with China, the defence ministry said Saturday - the second such fatal accident in the region this month. The Advance Light Helicopter came down on Friday south of Tuting, a remote town near the Line of Actual Control which divides India's northeastern Arunachal Pradesh state from Chinese territory. Air traffic controllers had received a mayday call before the crash that suggested technical o ... read more

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