Air­bus says it will not close Euro­pean lines

The Daily Telegraph - Business - - Business -

Air­bus does not plan to close any of its as­sem­bly lines in Europe, China and the US de­spite hav­ing cut the rate at which it builds jets by a third due to Covid-19. Guil­laume Faury, chief ex­ec­u­tive, said he “won’t stop” any of the plants, but pro­duc­tion would be 40pc lower than pre-virus rates for at least the next two years. It is set to axe thou­sands of jobs as soon as Wed­nes­day.

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