The Limited Times

Now you can see non-English news...

Airbus is preparing its partners to gain momentum

2020-10-29T16:03:34.108Z


The European giant plans to produce more A 320neo from the third quarter of 2021. Over the nine months of 2020, it delivered many more aircraft than Boeing.


The crisis is far from over, the timid resumption of air traffic is threatened by the violence of the second wave of Covid-19, but we are holding on tight.

This is in summary the message sent, Thursday, by Guillaume Faury during the presentation of the results for the third quarter of 2020. The executive chairman of the European aeronautics giant displays a certain confidence while remaining

"humble"

as the uncertainties are numerous .

Read also:

Boeing predicts a tough decade for commercial aviation

From July to September, turnover fell by 27%, to 11.3 billion euros, and even by 33% for the commercial aviation activity.

In three months, Airbus lost 767 million.

The results are affected by an exceptional charge of 1.2 billion to finance the social plan (15,000 job cuts).

But also by the additional costs of the A 380 program, the last copy of which must be delivered in 2021, to the tune of 26 million (and 358 million over nine months).

During the period, Airbus stopped the hemorrhage of its cash flow, after having

This article is for subscribers only.

You have 76% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

Enter your email

Already subscribed?

Log in

Source: lefigaro

All business articles on 2020-10-29

You may like

News/Politics 2024-04-04T05:19:33.635Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.