PARIS: Battered by the coronavirus pandemic, European aircraft manufacturer Airbus said that it must eliminate 15,000 jobs, mostly in Europe, to safeguard its future and warned of more thin years ahead.

“With air traffic not expected to recover to pre-Covid levels before 2023 and potentially as late as 2025, Airbus now needs to take additional measures,” the company said in a statement.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details