Airbus Sees 3,700 Jobs at Risk at Troubled Plane Programs - WSJ - 0 views
-
European plane maker Airbus EADSY -0.02% SE said Wednesday it plans to cut production of its flagship A380 superjumbo and A400M military transport aircraft, threatening thousands of jobs, though overall strong demand for airliners may mitigate staff cuts.
-
But Airbus’s A380 has missed out on the boom. Airlines worry that they won’t be able to fill an aircraft that seats more than 500 passengers. Plus, the superjumbo carries a price tag of $445.6 million before typical discounts,
-
The deal allows Airbus to sustain annual production at six planes, which it described as the minimum at which losses are manageable.
- ...4 more annotations...