Airbus Deliveries Down; 6,000 Positions To Go

Airbus does not expect the civil aircraft business to recover before 2004, and the consortium will cut 6,000 positions because of it. CEO Noel Forgeard said deliveries will remain at around 300 in 2002 and could be fewer than that in 2003. The industry as a whole is likely to receive between 300 and...

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