{"id":360200,"date":"2020-06-30T10:11:16","date_gmt":"2020-06-30T04:41:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=360200"},"modified":"2020-06-30T10:13:11","modified_gmt":"2020-06-30T04:43:11","slug":"airbus-ceo-faury-sees-production-declining-by-40-over-the-next-two-years-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airbus-ceo-faury-sees-production-declining-by-40-over-the-next-two-years-2\/","title":{"rendered":"Airbus CEO Faury sees production declining by 40% over the next two years"},"content":{"rendered":"<p>PARIS (Reuters) &#8211; Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, Chief Executive Guillaume Faury was quoted on Monday as saying. <\/p>\n<p>&#8220;For the next two years &#8211; 2020\/21 &#8211; we assume that production and deliveries will be 40% lower than originally planned,&#8221; Faury told Die Welt newspaper. <\/p>\n<p>Airbus has so far said it could cut output by a third on average. On June 3, however, Reuters reported it was looking to hold underlying jet output at 40% below pre-pandemic plans for two years, adding pressure to cut thousands of jobs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PARIS (Reuters) &#8211; Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, Chief Executive Guillaume Faury was quoted on Monday as saying. &#8220;For the next two years &#8211; 2020\/21 &#8211; we assume that production and deliveries will be 40% lower than originally planned,&#8221; Faury told Die Welt newspaper. Airbus has so far said it could cut output by a third on average. On June 3, however, Reuters reported it was looking to hold underlying jet output at 40% below pre-pandemic plans for two years, adding pressure to cut thousands of jobs.<\/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":[135,167,130],"tags":[],"class_list":["post-360200","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360200","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=360200"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360200\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=360200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=360200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=360200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}