Airbus in talks with French state over possible aid: CEO
) is in talks with the French state regarding possible support for aircraft deliveries, even though it has no liquidity problems at present, Airbus Chief Executive Guillaume Faury said on Thursday.
“We are holding very frequent discussions. The state is very willing to listen, and is very understanding of our position,” Faury said.) boosted its liquidity with a 15-billion-euro expanded credit facility.“What we need to survive is to have a certain number of deliveries of aircraft. So the first priority is to get traffic moving and help airlines who have been impacted in a very brutal and severe fashion to survive and resume their activities.
The scheme was revised last year on a case-by-case basis but volumes of activity have remained lower than in the past. Airbus expanded furlough schemes this week by sending home 3,200 workers in Britain after putting 3,000 workers on government-backed partial unemployment schemes in France, and the group said thousands of German staff could also be affected.
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