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Airbus reports $515M in first-quarter losses

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PARIS — Airbus says the aviation industry’s unprecedented troubles are just beginning. The European manufacturing giant reported €481 million (U.S. $515 million) in losses in the first quarter, put thousands of workers on furlough and sought billions in loans to survive the coronavirus crisis. And its CEO said Wednesday it’s still at an “early stage.” (www.tumblr.com) More...

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thhobbs
the hobbs 1
https://www.defensenews.com/industry/2020/04/29/airbus-reports-515m-in-first-quarter-losses/
KicksOnRoute66
Roger Anderson 1
Paywalled.
KicksOnRoute66
Roger Anderson 1
Well, requires a login lol.

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