Airbus Warns Staff on Jobs With its 'Survival at Stake' Due to Impact of Covid-19 Crisis

In a letter to staff, Chief Executive Guillaume Faury said Airbus was "bleeding cash at an unprecedented speed" and that a recent drop of a third or more in production rates did not reflect the worst-case scenario and would be kept under review.

from Top Business News- News18.com
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Airbus Warns Staff on Jobs With its 'Survival at Stake' Due to Impact of Covid-19 Crisis Airbus Warns Staff on Jobs With its 'Survival at Stake' Due to Impact of Covid-19 Crisis Reviewed by Team Exprssnews on April 26, 2020 Rating: 5

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