Airbus has announced plans to downsize its global workforce with the loss of 15,000 jobs. The move follows the coronavirus pandemic and subsequent sharp fall in demand for new commercial aircraft.
Based in Singapore, Anand Stanley will lead the strategy and future positioning of Airbus and its divisions across the region. He succeeds Patrick de Castelbajac, who is leaving the company, and will take up the new role in July.
The Airbus A320neo incorporates the latest technologies in aviation and offers significant environmental benefits, with nearly a 50 per cent reduction in noise footprint.
American Airlines has revealed plans to retire some older, less fuel-efficient aircraft from its fleet in the wake of the coronavirus pandemic. Here Breaking Travel News takes a tour of the planes that will be taking-off on their final journeys in January
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.”
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 is revising its aircraft production rates downwards to adapt to a new market environment caused by the coronavirus pandemic. Going forward, Airbus will produce 40 A320s a month, as well as two A330s and six A350s.
Airbus has continued to purchase and supply millions of face masks from China, the large majority of which will be donated to governments of the Airbus home countries. These include France, Germany, Spain and the UK.
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.
In a rare sport of good news, Airbus has said it expects production and assembly work to partially resume in France and Spain today. For other non-production activities globally, Airbus continues to support home-working where possible.
Swiss International Air Lines has taken delivery of its first A320neo aircraft at a ceremony in Hamburg, Germany. It is the first of 25 A320neo planes ordered by the carrier.