FILE PHOTO: An Airbus A350 takes off at the aircraft builder’s headquarters in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau/File Photo regis duvignau/Reuters The U.S. said tariffs on European Union products will remain unchanged despite efforts by Airbus to move into compliance with a World Trade Organization decision …
Read More »
Boeing BA, -1.62% rival Airbus AIR, -0.01% announced on Tuesday it would cut 15,000 jobs globally while travel location food specialist SSP SSPG, +2.14% said it would cut up to 5,000 staff as coronavirus continues to wreak havoc on the travel industry. Retailer Harrods and a host of other stores …
Read More »
Airbus said Thursday that it swung to a loss in 2019 and set new targets for 2020. Airbus AIR, +0.42% said its full-year net loss was 1.36 billion euros ($ 1.48 billion) compared with a net profit of EUR3.05 billion in 2018. The company was hit by EUR3.6 billion in …
Read More »