Airbus production cuts puts 3,700 jobs at risk

Airbus production cuts puts 3,700 jobs at risk
 

Airbus has confirmed itis cutting production of two aircraft in a move that will put at risk up to 3,700 jobs in France, Germany, Spain and at Filton, near Bristol.
The double-decker A380 superjumbo and the A400M military plane would be scaled back, the aerospace company said.
The A380 project came close to shutdown in January until a last-minute $16bn (£11.5bn) order for 16 of the airliners from Dubai’s Emirates, threw the programme a lifeline.
However, demand remains weak and Airbus said deliveries would fall to six a year from 2020, down from an anticipated 12 deliveries this year.
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7 March 2018 in Business, Views: 47
Source: Guardian
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