Airbus CEO Warns Workers It’s Bleeding Cash and Needs Cuts
Guillaume Faury, chief executive officer of Airbus SE, speaks during a media event at the Airbus Canada LP assembly and finishing site in Mirabel, Quebec, Canada. (Photographer: Valerian Mazataud/Bloomberg)

Airbus CEO Warns Workers It’s Bleeding Cash and Needs Cuts

(Bloomberg) -- Airbus SE chief Guillaume Faury warned employees that the planemaker is “bleeding cash” and needs to quickly cut costs to adapt to a radically shrinking aerospace industry.
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