Case Study: a major aircraft manufacturer restores confidence and boosts EBIT with AlixPartners

a major aircraft manufacturer boosts EBIT to €2.9 billion with AlixPartners

The customer, a major aircraft manufacturer, faced a severe crisis including a plummeting stock price, negative EBIT, and a major new product that was behind schedule. AlixPartners was brought in to lead a turnaround and restructuring effort to restore customer confidence and manufacturing competitiveness.

AlixPartners implemented a comprehensive transformation across financials, operations, and company culture. The solution included shifting to a bottom-up ideas pipeline, breaking down large projects into focused sub-areas, and instilling a sense of urgency. The results were exceptional, with AlixPartners helping the manufacturer exceed its cash savings target to deliver €10 million and boost EBIT to €2.9 billion, far surpassing the €2.1 billion goal. This performance improvement set the stage for a 400% share price increase over five years.