yeah, I've had a friend who came to me when he wanted to write a book based on aviation thriller based on an EMP generator.
On an airbus, flight computers will all be fried. Engines will also go wacko or stop responding because engines are also now computer regulated but the generators probably would still produce electrical power, which is pretty useless because most of the things using electricity would be gone. Hydraulics, and Everything else without a computer chip or without a computer chip operating when the EMP goes off will remain operational.
The airplane is still controllable with the mechanical backup flight controls. (Airbus does have a mechanical flight control system)
Anything computerized will be gone. Radios, transponders, the FMC, the CRT/LCD displays will all go screwy. Standby instruments will still work. Depending on the airbus adequate pressurization might be affected too, if the bleed air valves are computer controlled. If there is depressurization, descent to 10,000 feet or lower will be required. Pilots would be trying to contact ATC in any way possible. If that fails, they'd be digging out old charts, and navigating by deduced reckoning (de'd reckoning) They might even get intercepted by fighters, because the people in charge on the ground would be getting mighty nervous about a hi-jacking. Communication would be reestablished when the intercept happens and the pilots visually communicate with fighter pilots. The fighters would then escort the airliner to a suitable airport.
depending on strength of the EMP, and the proximity of the EMP source, the equipment could be temporarily disabled, or permanently disabled due to melted circuits.
Common cruise alt for 320 are 28000 ft all the way up to 41,000 feet. cruise alt normally in the 30,000s , but sometimes, over the busy airways of Europe, they go as high up as they can go.
edit:
Only older style radios are not affected. standby instruments,vacuum based systems will mostly work. EMP does not kill people. Unconcentrated,undirected emps cannot harm people. It doesn't kill anything organic, it doesn't fry your brain. Only if it were concentrated, then it may become lethal to humans. For an emp to fry your brain, you'll need a long piece of metal (30 inches +) sticking out of your head, which will concentrate the EMP, and direct it into your head.
airliner systems are not shielded like military systems, and it takes relatively little to disable with an EMP, at least temporarily. Even the EMP of a huge nuke going off would not affect brain activity unless you were right next to it, in which case it would be the explosion that would kill you anyways, not the EMP.
EM energy needs metal to concentrate it. Unless you've got a pile of lead for a brain, it won't affect your nerves.