Q1) Why should Power and focus on shedding jobs to save on cost?

It is a mean to save the company

and carry on the good work. ------------------------------------- Q2) Are there no alternative strategies? THRER
ARE ALTERNATIVES BUT THE FUNDING IS THE MAJOR CONSTRAINT. --------------------------------------- Q3)
Will the proposed shedding of jobs and scale of six units help airbus survive the intense competition
from Boeing? YES, THIS IS THE EXACT SITUATION

Why should Power and focus on shedding jobs to save on cost? Are there no alternative strategies?

Airbus’ Power8 restructuring program has so far done what its designers intended it to do at its
inception in February 2007, achieving a reduction in overhead and costs while finding partners for the
aerostructures sites the company wants to sell, according to Airbus president and chief executive officer
Tom Enders. “Power8 is not only a cost-cutting program. It is far more comprehensive,” said Enders,
who stressed that the Power8 goals involve making the company “leaner in all respects to make it more
efficient and more productive.”

Airbus chief operating officer Fabrice Brégier said that Power8 has so far managed to meet its minimum
target of r300 million ($438 million) across the company, although he said the actual figure will likely
approach e500 million ($731 million). “We squeezed the costs from the low-hanging fruit, but it’s not
limited to that,” he said. “We have at the same time renegotiated with our suppliers and our partners.
Not only putting pressure on them, but leveraging them as regards to costs.” Brégier expressed
confidence that the company will have saved up to r2.1 billion ($3 billion) by 2010, although he said the
Power8 initiatives to save money will continue beyond the program’s 2010 target date.