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A weekly reality-check on the issues Americans care about most. Host Warren Olney draws on his decades of experience to explore the people and issues shaping – and disrupting - our world. How did everything change so fast? Where are we headed? The...
Covid-19: Airbus CEO warns of 'gravest crisis' for aerospace industry
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By France Médias Monde and FRANCE 24. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
The boss of Airbus, Guillaume Faury, has said the Covid-19 pandemic represents "the gravest crisis the aerospace industry has ever known", as the company reported a slump in revenues and losses of €481 million in the first three months of 2020. Air travel has almost completely stopped due to the coronavirus, and uncertainty over when it will restart means Airbus is unable to provide guidance on how its business will perform for the rest of the year. Also today, the French government is beefing up its supervision of non-EU companies buying stakes in French firms.
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