Reuters
• Tim Hepher
Airbus orders/cost squeeze: 10% non-industrial spending cut as engine shortages and delivery bottlenecks persist
Airbus is tightening corporate spending by 10% amid a supply chain crisis that is leaving aircraft stuck without engines and continuing to constrain global deliveries. The move follows a 52% drop in adjusted EBIT and pressure from deferred engine deliveries, even as Airbus keeps main assembly lines active.
