French Government Urges Airbus to Save as Many Jobs as Possible Amid Industry Crisis

French Government Urges Airbus to Save as Many Jobs as Possible Amid Industry Crisis

MOSCOW (Sputnik) – The French government calls on the Airbus planemaker to limit layoffs and use the benefits of the state support for the country’s coronavirus-hit aviation sector, Secretary of State to the Minister of Economy and Finance Agnes Pannier-Runacher said.

Faury earlier on Monday said that Airbus would reduce its supply and product volumes by 40 percent over the two-year period and carry out thousands of job cuts amid a severe downturn in production due to the coronavirus pandemic.

Earlier in June, the French government unveiled a rescue package of 15 billion euros (almost $17 billion) for the aviation industry.

The package was put together to support such companies as Air France, Airbus and major French parts suppliers, as a series of limitations, including travel restrictions, have been in place in France since mid-March.

Source: sputniknews.com

Related posts