3/26, 7:38 AM (Source: TeleTrader)
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Airbus lowers wing production due to COVID-19

Airbus SE reduced its wing output for the next three weeks due to the coronavirus pandemic, the European aerospace company said in a statement on Thursday.

"This means that the production and corresponding activities for support to production of the wing plants in Bremen, Filton and Broughton will be reduced, with an extended Easter holiday implemented at Broughton and Filton and a reduced working week at Bremen," the statement said, adding that all employees, who are not directly related to production activity, will continue to work remotely.

On Monday, Airbus reopened its plants in France and Spain on Monday following a four-day pause due to the infection that killed over 20,000 people globally.

Breaking the News / GA