Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Owen Hughes

Airbus workers at Broughton and Filton secure £3K bonus as profits bounce back

Airbus workers at Broughton and Filton have secured a bonus of more than £3K after the business returned to profit.

The aerospace giant was badly hit by the pandemic and the total workforce at Broughton fell from more than 6,000 to just over 4,000.

But the recovery has gone well and the business posted strong results last month - although this was ahead of Russia's invasion of Ukraine.

READ MORE: Anglesey mansion hotel that was built by a baronet plans major investment in new wing

A worker told Business Live that this had seen them awarded a bonus of £3,173.

This was confirmed by the company.

An Airbus spokesman said: "We can confirm that all Airbus Commercial Aircraft employees in Broughton and Filton will receive a bonus of £3,173 through the company's 'Success Share' scheme.

"This follows better-than-expected, full-year 2021 financial results that we announced in February."

The money will be paid to employees in May.

It comes as Unite members at both sites ballot on an 8.1% pay offer over the next two years after initially turning down the first pay deal and threatening strike action.

The group’s adjusted operating profit soared to €4.86bn from €1.7bn a year earlier. Revenues rose 4 per cent to €52.1bn, mainly reflecting a higher number of commercial aircraft deliveries.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.