Reuters exclusively reported that Europe’s Airbus has signaled that some government support may be needed if the coronavirus crisis lasts for several months. Airlines worldwide have suspended or slowed taking jet deliveries and asked governments for broad financial support including loan guarantees. Earlier, Reuters revealed the planemaker has drawn up contingency plans to slow or stop production if France is placed under a drastic lockdown due to coronavirus. The plans anticipate a ripple effect from the lockdown across the planemaker’s main industrial network in four countries: France, Germany, Britain and Spain.
Reuters ahead with news on Airbus’ coronavirus response
17 March 2020, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa
Win Types: Exclusivity
Story Types: Exclusive / Scoop