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 https://ift.tt/2W0yDc3