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Non-Tech : Airline Discussion Board

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Nov 17 4:00 PM EST

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To: Sam who wrote (1192)	6/30/2020 8:03:30 PM
From: Moonray	of 1868

Airbus to cut 15,000 jobs amid long travel industry recovery Suzanne Blake European aircraft manufacturer Airbus announced it will be cutting 15,000 jobs, mostly in Europe, the Associated Press reports. “With air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late as 2025, Airbus now needs to take additional measures,” the company said in a statement, according to the AP. The job cuts should begin within months, the AP reports. While the company will work toward voluntary cuts and early retirements, layoffs have not been ruled out. Airbus’s commercial aircraft business activity has dropped around 40% since the pandemic shuttered mass tourism and the airline industry. o~~~ O

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