Poll: Is the sky falling for the aviation Industry?

Airbus CEO Guillaume Faury gave a dramatic warning to employees that heralds potentially deeper production cuts than initially planned.

According to Faury, Airbus does not want to make the decision about future production just yet. Instead, it wants to watch market developments to determine whether the recovery is relatively quick or much longer than initially expected. Airbus has been faced with almost no customers taking delivery of aircraft since around mid-March. Most big carriers are saying they cannot survive without state aid.

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