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40 million euros for Augsburg's aviation industry

May 15, 2019


Abstract : Bavaria wants to help Augsburg's crisis-ridden aviation industry with a 40-million-euro research program.

Bavaria wants to help Augsburg's crisis-ridden aviation industry with a 40-million-euro research program. This was announced by Bavaria's premier, Markus Söder, and Economics Minister Hubert Aiwanger in Augsburg on Monday. The Christian Social Union (CSU) group on Augsburg'city council afterwards announced that the project is intended to advance the future use of lightweight construction materials and the digitization of manufacturing processes.

The millions in public funds are also intended to counteract the threat of job cuts at the Augsburg Airbus subsidiary Premium Aerotec. The company, which specializes in lightweight construction elements, will no longer be working at full capacity in the future due to, among other things, the discontinuation of production of the A380 aircraft type. As a result, the Airbus supplier is considering cutting up to 1,100 of the current 3,600 jobs in the medium term.

Augsburg has for some time been a center for research into carbon fiber reinforced plastics (CFRP). One of the areas of research is the use of carbon components in automobile manufacturing and the aerospace industry.

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Keyword: Germany aviation industry Augsburg

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