Airbus warned on Wednesday of up to 3,700 job losses amid falling production levels.

The European plane manufacturer warned of job losses across operations in the UK, France, Germany and Spain.

Its UK arm assured that this would not affect jobs at its Broughton plant in Wales.

“Airbus is committed to managing any implications for its workforce in a responsible manner – as already successfully demonstrated on various occasions in the past,” it said in a statement.

“The company is confident that it will be able to propose opportunities to most of the affected employees through programmes which are ramping up.”

Airbus also announced it would be producing six A380 superjumbo jets annually, which is currently the world’s largest passenger plane, starting from 2020.

In addition, it plans to manufacture eight A400Ms a year, a decrease from a previously anticipated 15 in 2018 and 11 in 2019.

Airbus have come under pressure in recent years amid falling demand for its A380 in particular.

Back in April of last year, the planemaker saw shares sink after engine problems impacted profits.

Problem with its engines in the new A320 passenger plane hit trading, with adjusted operating profit falling to €240 million.

Moreover, the development of the company’s state of the art Airbus A400M military aircraft has faced a series of setbacks.

Back in February, the company admitted that nonetheless the military plane “remains a concern”, with persistent problems relating to its engines.