Airbus will lay off 15,000 employees due to the quarantine

News

Airbus will lay off 15,000 employees due to the quarantine

06.10.2020 News

European airline Airbus will lay off 15,000 employees worldwide due to the restoration of the quarantine restrictions on the flights. This was stated by the Airbus Chief Operating Officer Michael Schollhorn.

Prospects for the aviation industry deteriorated again due to the growing number of the coronavirus infections, he said.

According to Schollhorn, the situation in the early autumn was worse than the concern’s management expected in the summer. Due to the air travel restrictions related to the coronavirus pandemic, the airlines have stopped buying the new aircraft.

The chief operating officer of the Airbus called the future reduction of 15 thousand employees the minimum in this situation. However, he said that the concern does not plan to close its enterprises – particular, in Germany.

Other articles

  • Lufthansa has announced large-scale job-cuts
    News

    Lufthansa has announced large-scale job-cuts

    By the end of this year, the German airline Lufthansa intends to reduce its foreign staff by 20 thousand people, as well as sell its LSG division, which deals with on-board catering, which employs 7.5 thousand people. Lufthansa subsidiaries Eurowings, Swiss, Austrian and Brussels Airlines are reducing the frequency of flights, fleets and staff amid […]

  • AirBaltic will resume flights to Ukraine
    News

    AirBaltic will resume flights to Ukraine

    Latvian airline AirBaltic will resume flights to Ukraine on December 1 and will start a new flight Vilnius-Kiev to Boryspil airport. The schedule includes departures twice a week on Tuesdays and Saturdays on Airbus A220-300. Flights from Vilnius will depart at 09:00, from Kiev – at 11:15. “Vilnius Airport can be used for transit to […]

  • Boeing shares rose by 6.7% after 737 MAX flight permission
    News

    Boeing shares rose by 6.7% after 737 MAX flight permission

    Before starting flights, Boeing will need to comply with a number of regulatory requirements – retrain pilots and update aircraft software. Boeing shares in the premarket rose by 6.73% to $ 234.16 per share, according to previous trading data. The head of the US Federal Aviation Administration (FAA), Steve Dickson, has signed an order allowing […]

  • General Motors reports profit growth of 74%
    News

    General Motors reports profit growth of 74%

    Shares of General Motors, down by 3.7% since the beginning of the year, rose by 3.9% in trading after the company announced the results of the 3rd quarter, which ended on September 30. General Motors reported earnings per share increase of 65% to $ 2.83, which was higher than analysts expected $ 1.38. The amount […]

  • Peloton’s revenue exceeds Wall Street estimates for the fifth consecutive quarter
    News

    Peloton’s revenue exceeds Wall Street estimates for the fifth consecutive quarter

    Shares of Peloton, which rose nearly 346% since the beginning of the year, rose 2% during trading on Friday after the company published the results of the first quarter of fiscal 2021, which ended September 30. Peloton, which went public a little over a year ago, reported earnings per share for the second quarter in […]

  • Lufthansa suffered a quarterly loss of almost 2 billion euros
    News

    Lufthansa suffered a quarterly loss of almost 2 billion euros

    Deutsche Lufthansa reported that it suffered a loss of 1.97 billion euros in the third quarter of 2020 against a net profit of 1.15 billion euros a year earlier. The carrier’s revenue fell by 74% to 2.66 billion euros from 10.11 billion euros a year earlier. Adjusted loss before tax and interest payments (EBIT) was […]

  • Starbucks demonstrates rapid sales recovery
    News

    Starbucks demonstrates rapid sales recovery

    Shares of Starbucks recovered from losses of February and March due to the pandemic and rose by 19.7% over the past 6 months. But shares fell again after the publication of the quarterly report, which ended September 30. Starbucks revenue and profit for the 4th quarter of fiscal 2020 showed a strong jump in growth […]

  • AMD will merge with rival Xilinx by exchanging shares
    News

    AMD will merge with rival Xilinx by exchanging shares

    American chipmaker Advanced Micro Devices Inc (AMD) is buying rival Xilinx Inc for $ 35 billion under a deal that it will be paid for in full by AMD shares. According to a press release from AMD, the operation will create a company worth about $ 135 billion. “The acquisition of Xilinx will allow AMD […]

Read also

Airbus will lay off 15,000 employees due to the quarantine
News

Cargill lost in court in the case of the Delta

The Cargill chances to prove the legitimacy of the withdrawal of assets from the Delta Bank in the amount of 2.5 billion USD are reducing. Yesterday, the Supreme Commercial Court partially satisfied the cassation of the liquidator Delta Bank, canceled the previous court decisions on the loan company “Yablunevyi dar” and returned the case in […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

Prometey has invested in the elevator in Kirovograd

In early May, the network of elevators of the Prometey company gained another one – in the village Zaliznichnoe Olshansky district of Kirovograd region, in the Yosipovka railway station. The elevator is operable, on its base continues the acceptance of grain and oilseed crops of the gather 2015, – says the press service of the […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

The world’s largest free trade area has been created

China, Australia, Japan and 12 other countries in the Asia-Pacific region have formed the world’s largest free trade area. The agreement was signed during the online summit of the Association of Southeast Asian Nations. We are talking about the creation of a free trade area called the Comprehensive Regional Economic Partnership (CREP). The following countries […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

The value of bitcoin has approached $ 20 thousand

Last week, the value of cryptocurrency fell sharply, but now it is approaching a historic high again. According to Coin Desk, after a sharp drop last week, the value of bitcoin broke the record and reached $ 19,686. Thus, the cryptocurrency exceeded the value recorded on December 16, 2017 by $ 20,665. But the absolute […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

Defence of the ex-chairman of Mikhaylovsky bank has lost the appeal

Ihor Doroshenko has been left in the predetention center. The appellate court of Kyiv rejected a request of Ihor Doroshenko, an ex-chairman of the board of Mikhaylovsky bank to be entitled to plead   and left it in the predetention center — the press service of Appellate court of the Kyiv city reports. Therefore, the judge’s  […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

Today passes “The Tiger Conference” in “Hilton” hotel

Today, December 2, 2015, in the capital «Hilton» hotel passes the fourth international “The Tiger Conference”, which is devoted to energy issues, the new economy, leadership, and the rule of law. The conference was attended by over 300 of heads of domestic and foreign companies as well as government leaders and public figures. Representatives of […]

Next
Airbus will lay off 15,000 employees due to the quarantine
Analytics News

Results of 2016: Annual Business Achivements

The outgoing   2016 was  hard, and not only for business but also for the country in general. It was really difficult but not  fatal: a new tax policy, the integration into the European market, difficulties of investment and many other things. There are  key factors which have affected the development of a business industry much […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

The media named a way to circumvent EU restrictions for NS-2

Gazprom can circumvent European restrictions on the Nord Stream-2 gas pipeline through a contract for gas supplies to the German market, which it has concluded with the Austrian company OMV. As we know, the EU gas directive requires half of the capacity of gas pipelines to be provided to independent suppliers. Except for routes for […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

Farmak сan be deprived of license to use the trademark Diazolinum

Commercial Court of Kiev  took to attention  the case of the right’s  deprivation of Farmak Ukraine on the use of certificates for signs for Diazolinum goods. It is reported by a specialized news resource Pharma.net.. A prerequisite to the beginning of the litigation was an appeal of representatives of the international distributor of Farmat LTD […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

Investment from China: $ 1.5 billion in Kyiv transport infrastructure

According to Ilia Sahaidak – a deputy chairman of the KSCA, a building company CRBC from China intends to implement the “turnkey construction project” of Velyka Kiltseva Doroha, the track Nyvky – Brovary, and in addition, road interchange near the metro station Shuliavska. Sahaidak noted that the Chinese company in this matter demonstrates great skill […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

Radisson Hotel Group strengthens its extended stay value proposition and ambitiously grows its serviced apartments portfolio across EMEA

Radisson Hotel Group has plans to more than double its serviced apartments portfolio within the next 5 years across EMEA. Today, serviced apartments represent around 10% of the Group’s EMEA portfolio with 45 properties and more than 5,400 units in operation and under development. Radisson Hotel Group operates its serviced apartments as a stand-alone or […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

Italian bank Monte Paschi is under the threat of nationalization

Monte Paschi Italian bank turned up under the threat of nationalization. It was reported by international business publication Bloomberg, referring to its own sources. According to official information, currently a European financial institution needs an additional capitalization for the amount of 5 billion euros. However, currently it is impossible to realize such a task, due […]

Next
Airbus will lay off 15,000 employees due to the quarantine
Analytics

The Reflection of the Ukrainian Economy in the Mirror of German Capital

The attractiveness of Ukraine for many foreign investors has been very high and still remains so. However, due to a number of circumstances, the business climate is not yet conducive to the inflow and growth of investment. The main investors in Ukraine are the Netherlands, Germany, the Russian Federation, Austria, the United Kingdom, the British […]

Next
Airbus will lay off 15,000 employees due to the quarantine
Analytics

Relations Refinement Registration with the Builder. Part III

Continuing a topic of the relations correct registration  between investors and the builder we continue to inform about legal niceties of  such relations possible options registration within a “Construction scam”special project. We have already said about how to arrange the agreement of share participation, the purchase and sale provisional agreement. Today it will be an  […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

State Service of Ukraine on Medicinal Products withdrew a batch of Pfizer’s hormonal drugs

The “Genotropin” drug, series MO5229, is forbidden to realization, storage  and using according to the information received by The State Service of Ukraine on Medicinal Products from the regulatory body field of quality control of medicines in Denmark. The State Service of Ukraine on Medicinal Products published on its website the Order ?577-2.0.1 / 2.0 / […]

Next
Airbus will lay off 15,000 employees due to the quarantine
News

Ukraine is expected to install 3 GW of solar power facilities by 2020

The capacity of installed solar energy facilities in Ukraine will increase up to 3 GW by 2020. Vitaliy Daviy, CEO of IB Center Europe, made such forecast for the development of the industry at CISOLAR 2019 the 8th Solar Energy Conference in Kiev. As of April 1, 2019, more than 2.2 GW of solar energy […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com