GlobalData: COVID-19 will slash Airbus production until 2022

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08-Jun-2020

Lasting effects of COVID-19 will force Airbus to take more production cuts and lay-offs, says leading data and analytics company GlobalData. Nicolas Jouan, aerospace and defence analyst at GlobalData, says: “Airbus is planning to extend production cuts of its main commercial platforms by 40% overall for two years. These cuts will further extend previously announced […]

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Author: James Graham