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4/3, 11:10 AM (Source: TeleTrader)
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Airbus may cut A320 production due to coronavirus - report

Airbus SE is considering cutting down its production of A320-family jets in order to adapt to coronavirus-caused industrial and delivery problems, media reported on Friday.

Although no decision has yet been made, the manufacturer could reduce its monthly rate of 60 jets by half or two quarters, people close to the matter told Reuters.

Airbus previously shut down most of its production located in Spain due to the ongoing COVID-19 pandemic.

Breaking the News / MD