One of the largest manufacturers of Airbus aircraft prepared for bankruptcy

US, WASHINGTON (ORDO NEWS) — The foreign edition of Reuters has published fresh material stating that one of the largest manufacturers of Airbus aircraft has prepared for bankruptcy, the company’s CEO Guillaume Fori said.

“We are losing money at an unprecedented rate, which could threaten the very existence of our company,” said the top manager in an appeal to the company’s employees. He also said that in order for the aircraft manufacturer to be able to stay afloat, he needed to start the process of urgent cost reduction.

Recall that at the beginning of this month, Airbus officially announced plans to reduce the production of jet liners. Thus, A320 family liners, which in the new realities will produce up to 40 products per month, will have to be reduced.

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