ABU DHABI/AD MEDIA OFFICE UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed …
Read More »Airbus signals job cuts for troubled jumbo
Bloomberg Airbus SE is preparing to announce jobs cuts at two troubled aircraft programmes that have been weighing on earnings for years. The planemaker’s management will meet with its European Works Council on Wednesday to explain reductions in the manufacturing rates of the A380 superjumbo and A400M military-transport programmes and “discuss associated implications for the workforce,†it said in a …
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