(Bloomberg) -- Airbus SE dodged the immediate threat of strikes in Germany, reaching a labor deal likely to allow continued production of its best-selling A320 jetliner.
Details of the accord are set to be announced at a press conference in Hamburg Tuesday, the IG Metall union said in an emailed statement.
“IG Metall and the company have agreed on a result in the negotiations on the future structure of Airbus and Premium Aerotec,” the union said.
An Airbus representative couldn’t immediately be reached for comment.
The European planemaker triggered a months-long disagreement with workers with a plan to restructure its aircraft-parts operation in the country, hiving off a portion for sale.
The union opposed the move, carrying out a series of walkouts in early December.
The conflict threatened to disrupt production as the company gears up to push build rates of its A320 family of aircraft beyond pre-pandemic levels.
Airbus still faces the threat of strike action in the U.K., with workers at a wing-assembly plant considering walkouts over pay.
Airbus Staff at U.K. Wing Plant Consider Striking Over Pay (2)
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