Fire causes $11 million of damage at Airbus supplier’s plant

Posted On: Jan. 2, 2019 4:21 AM CST

A fire at Germany-based aircraft parts manufacturer Premium Aerotec GmbH's plant in Augsburg on Dec. 27, cause more than $11 million worth of damage, Composite World reported citing sources. The firm plans to transfer its operations to other locations to avoid supply-related disruptions. Premium Aerotec fabricates aircrafts parts primarily for France-based aeronautics company Airbus S.A.S.