Airbus is on track to meet its cost-savings goal of EUR350 million in 2004 -- an objective set as part of last year's transformation from a consortium to a company, CEO Noel Forgeard said. This year's savings goal is EUR130 million, which Airbus is "set to achieve," the company's top executive said last week in Toulouse. In 2001, Airbus shaved about EUR85 million in costs through different productivity gains, more than doubling its original goal. Much of the savings can be attributed ...
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