Ienac
“We are losing money at an unprecedented rate, which threatens the existence of our company,” he wrote to Airbus employees.
Faury announced the need for urgent action to restore the financial balance of the company. According to the French newspaper Le Figaro, Airbus has transferred about 3 thousand employees in France to part-time work and may opt for additional staff reductions.
Earlier in April, Airbus announced that it would cut aircraft production by a third amid restrictions on international flights due to the coronavirus pandemic.
On Wednesday, April 29, the company plans to publish statements for the first quarter of this year.
source: ft.com
Faury announced the need for urgent action to restore the financial balance of the company. According to the French newspaper Le Figaro, Airbus has transferred about 3 thousand employees in France to part-time work and may opt for additional staff reductions.
Earlier in April, Airbus announced that it would cut aircraft production by a third amid restrictions on international flights due to the coronavirus pandemic.
On Wednesday, April 29, the company plans to publish statements for the first quarter of this year.
source: ft.com
