{"id":348408,"date":"2020-04-27T11:04:52","date_gmt":"2020-04-27T05:34:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348408"},"modified":"2020-04-27T11:41:41","modified_gmt":"2020-04-27T06:11:41","slug":"airbus-survival-at-stake-without-immediate-action-ceo-memo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airbus-survival-at-stake-without-immediate-action-ceo-memo\/","title":{"rendered":"Airbus survival at stake without immediate action: CEO memo"},"content":{"rendered":"<p>Airbus Chief Executive Guillaume Faury has told the European planemaker&#8217;s 135,000 staff to brace for potentially deeper job cuts after warning its survival is at stake without immediate action to save cash amid the coronavirus crisis. <\/p>\n<p>In a letter to staff on Friday, seen by Reuters, Faury said Airbus was &#8220;bleeding cash at an unprecedented speed&#8221; and that a recent drop of a third or more in production rates did not reflect the worst-case scenario and would be kept under review. <\/p>\n<p>Airbus said it did not comment on internal communications.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airbus Chief Executive Guillaume Faury has told the European planemaker&#8217;s 135,000 staff to brace for potentially deeper job cuts after warning its survival is at stake without immediate action to save cash amid the coronavirus crisis. In a letter to staff on Friday, seen by Reuters, Faury said Airbus was &#8220;bleeding cash at an unprecedented speed&#8221; and that a recent drop of a third or more in production rates did not reflect the worst-case scenario and would be kept under review. Airbus said it did not comment on internal communications.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-348408","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=348408"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348408\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}