Airbus cuts 15,000 jobs to face aviation's 'gravest crisis'

AFP

2020/07/01 | 556 words | LE JOURNAL DE L'AVIATION | INDUSTRY / TECHNOLOGY
Airbus cuts 15,000 jobs to face aviation's 'gravest crisis' © Le Journal de l'Aviation - All rights reserved

European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest crisis" the industry has ever seen caused by the coronavirus.The cuts are to be implemented by the summer of 2021, Airbus said in a statement, and follow a drop of nearly 40 percent of the commercial aviation business in recent months."With air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late a...(…)

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