The head of Airbus has warned that the company is "hemorrhaging at an unprecedented rate"
Executive Director of the French aircraft company Airbus (Airbus) Guillaume Fori warned 135 thousand employees of a possible "deep job cuts" and warned that at stake is the survival of the company, which will be at risk without immediate action.
In an e-mailed letter to employees, Guillaume Fori warned that the company is "hemorrhaging at an unprecedented rate".
this week, Airbus must present financial results for the first quarter of the year. These figures are very spoiled by the pandemic, which global airlines are struggling to survive, and almost completely stopped the purchase of new aircraft.
Greg Waldron (Greg Waldron) – the journalist, the news web site of the aviation industry Flight Global noted the huge impact of coronavirus on Airbus and the sector as a whole, saying: "All of our assumptions about the industry is fully refuted".
"the Prospects for Airbus changed from very positive to very negative. Now there is simply no demand for new airplanes," says Waldron.
the Main competitor of Airbus, the American Boeing company (Boeing) is also struggling with another serious crisis due to a one-year ban on the operation of the 737 Max, which was the most sold plane of Boeing.
on Saturday, the us aviation giant refused to cooperate with the Brazilian Embraer in the amount of $ 4.2 billion. Some industry analysts believe that this move caused a crisis of a pandemic, although the company cited contractual reasons for the decision.
Boeing released a statement that it "exercises its right to withdraw from the deal after Embraer has not fulfilled the necessary conditions".