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Airbus faces gravest situation company has ever known

Airbus faces gravest situation company has ever known

29 April 2020 Airline News

Airbus posted a net loss of €481 million for the first quarter of 2020, compared with a net profit of €40 million for the same period last year. Chief executive Guillaume Faury said: “We are implementing a number of measures to ensure the future of Airbus.”

Ranque appointed chairman of Airbus

Ranque appointed chairman of Airbus

17 April 2020 Airline News

René Obermann has become chairman of Airbus, succeeding Denis Ranque. The move was made following the annual general meeting in Amsterdam, at which shareholders approved all resolutions on the agenda.

Airbus to pause majority of operations in Spain

Airbus to pause majority of operations in Spain

31 March 2020 Airline News

Airbus is to pause the majority of production in Spain until April 9th as the country continues to battle one of the worst Covid-19 outbreaks in Europe. The Spanish government announced new measures in the fight against the pandemic earlier.