Airbus Pulls Back on Plans for Toulouse Plant -- Reuters
April 10 2020 - 1:15PM
Dow Jones News
-- Airbus SE is pulling back on plans for an A321 assembly line
in Toulouse amid the ongoing Covid-19 pandemic, Reuters reports
Friday.
-- A spokesman for Airbus said the plans are on hold, adding
"When we see rates going up again, we will reconnect to the plans,"
according to the report.
-- In January, Airbus said it planned to convert the plant from
A380 production, the report said.
Full story:
https://www.reuters.com/article/us-health-coronavirus-airbus-costs/exclusive-airbus-shelves-plan-to-add-new-a321-assembly-line-idUSKCN21S0ZO
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 10, 2020 13:00 ET (17:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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