Home » News » “We need financing channels and create alternatives for aeronautics” | Radio Cádiz

“We need financing channels and create alternatives for aeronautics” | Radio Cádiz

Cádiz is a land of airplanes. With more than 90 years of aeronautical history, the bay of Cadiz suffers like few other regions the economic turbulence that the sector suffers throughout the world. The president of the Aeronautical Economic Council of Cádiz, which is part of the Confederation of Businessmen of Cádiz, Antonio Conde, has demanded from the administrations solutions to this crisis that has already caused in a few months the loss of a third of the employment generated by this auxiliary industry. If nothing remedies it, the worst is yet to come. Hence, it calls for short-term measures.

Listen to Interview with Antonio Conde on Play SER

The aeronautical auxiliary industry has a turnover of 95 million euros and currently generates 1,500 jobs after dropping a third due to the recent crisis. This does not include large companies, but rather companies that were born in the Bay of Cádiz at the mercy of tractor companies such as Airbus. It was a progressive growth until last year it came to a halt.

The closure of the A-380 chain, the stoppage of the B737 MAX production chain and the uncertainty about the A-400 M program It has blocked the rise of these companies, the majority with between 20 and 25 companies, of great technological weight and that have made a great investment in recent years in training their workers at the highest level and in having very expensive machinery. “The decrease in turnover complicates the financing of these companies”, Conde has alerted in an interview on Radio Cádiz.

The president of the council says that, under these circumstances, one cannot and should not wait for the seven-year period that had been foreseen to implement a strategic plan for the sector from the Junta de Andalucía. “Urgent measures are needed.” Entrepreneurs ask the administration for measures to help finance companies and also promote alternative businesses. For example, a real bet to build next to Jerez airport an industrial center dedicated to the repair and maintenance of airplanes, following the idea of ​​the good functioning of the Cádiz shipyard as headquarters for the development of cruise ships.

It also demands support for the investigation, with the launch of the Puerto Real Advanced Manufacturing Center, or a greater weight of Spain in the European Airbus Consortium.


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