SEO Title
How Covid-19 Has Forced Airbus to Downsize Its Business With 15,000 Job Cuts
Subject Area
Air Transport
Channel
Airlines
Tags
Mid-Year Aerospace and Air Transport Report
Content Body

Forecasting a 40 percent cut in its commercial aviation business, European manufacturer Airbus says it has no choice but to cut 15,000 jobs at sites worldwide. CEO Guillaume Faury explained that major structural changes are necessary in response to the economic fallout from the Covid pandemic.

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Content Label
Airlines
Author(s)
AIN Staff
Subtitle
How Covid-19 Has Forced Airbus to Downsize Its Business With 15,000 Job Cuts
Publication Date (intermediate)
AIN Publication Date