Greg Waldron, from the aviation industry news website Flight Global, highlighted the huge impact of coronavirus on Airbus and the sector as a whole, saying:"Every assumption we had about the industry has been totally upended."
In response to the pandemic Airbus had already begun implementing government-assisted furlough schemes starting with 3,000 workers in France and said it would lower output of its narrow-body jets to 40 a month. Despite the major blow the coronavirus has dealt to Airbus, Mr Waldron thinks it will survive this crisis but not without significant layoffs.
"However, there's going to be a great deal of pain to go through. If they cut production rates quite significantly you're going to see large numbers of layoffs. I would expect in a few years years you'll see a smaller leaner Airbus than what we have now."Airbus did not immediately reply to a request for comment from the BBC.
I’m a cab driver and so am I.
From last Nov:
WELL GET BRUSSELS TO BAIL THEM OUT.
China makes their own planes now and just finished a huge airport...as Boeing found out. No problems.🤷
Hi tui cancel holiday March ting me ask for bank details put in my account ment go April 7 no money kept e mail TUI and tweet TUI don’t get back to me hope u can help please
Quick! Someone get em a plaster!
And?
We all are.
Airbus going to bleed with retrenchments too
Welcome to the party asshole. ~Officer John McClain