Airbus CEO: we can’t guarantee no compulsory layoffs – Reuters UK

FILE PHOTO: Airbus CEO Guillaume Faury attends Airbus’s annual press conference on Full-Year 2019 results in Blagnac near Toulouse, France, February 13, 2020. REUTERS/Regis DuvignauPARIS (Reuters) – European planemaker Airbus will do its best to cut costs without resorting to compulsory redundancies, but it cannot guarantee they won’t happen, CEO Guillaume Faury told French radio…

FILE PHOTO: Airbus CEO Guillaume Faury attends Airbus’s annual press conference on Full-Year 2019 results in Blagnac near Toulouse, France, February 13, 2020. REUTERS/Regis DuvignauPARIS (Reuters) – European planemaker Airbus will do its best to cut costs without resorting to compulsory redundancies, but it cannot guarantee they won’t happen, CEO Guillaume Faury told French radio station RTL on Tuesday.With air travel at a fraction of its normal level due to restrictions and travellers’ fears related to the COVID-19 pandemic, airlines have slowed deliverie
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