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European aircraft maker, Airbus said on Wednesday that it had launched a new plan to save about one billion euros in cash this year. Airbus Chairman Noel Forgeard said at the plan was on top of a 1.5 billion euro cost savings plan announced several months ago.
He said the cash savings plan was designed to prepare the company in the event of a further deterioration in market conditions and potential delays in jet deliveries.
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Thomas_Cook_757-200
European aircraft maker, Airbus said on Wednesday that it had launched a new plan to save about one billion euros in cash this year. Airbus Chairman Noel Forgeard said at the plan was on top of a 1.5 billion euro cost savings plan announced several months ago.
He said the cash savings plan was designed to prepare the company in the event of a further deterioration in market conditions and potential delays in jet deliveries.
Thanks
Thomas_Cook_757-200
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