Airbus has announced it's acquired a new €15 billion credit facility and will withdraw its 2020 dividend proposal, which has a cash value of €1.4 billion.
Until recently, the world's leading aircraft manufacturers Boeing and Airbus were behind of their delivery schedules due to the high demand for their workhorse passenger planes such as the A320neo or 787 Dreamliner.
The United States has reignited its trade war with Airbus despite the coronavirus crisis, raising tariffs from 10 to 15 per cent on the European planemaker’s aircraft.
Airbus has announced operations in France and Spain will be paused for four days after the two countries entered partial lockdowns to tackle the coronavirus crisis.
Boeing is in talks with the Trump administration, seeking short-term aid that would help the company to weather the continued COVID-19 outbreak.
Airbus is set to invest more than €1 billion in its A220 program this year, its chief executive, Guillaume Faury, has announced.
