Article 52Q11 Airbus to furlough 3,000 staff in Wales after warning it is 'bleeding cash'

Airbus to furlough 3,000 staff in Wales after warning it is 'bleeding cash'

by
Kalyeena Makortoff and agencies
from on (#52Q11)

Half the plane maker's workers at Broughton site to get state help after production slumps

Airbus is to furlough more than 3,000 staff working at its site in north Wales, the company has said.

The announcement came after the plane maker's chief executive, Guillaume Faury, warned the company was "bleeding cash at an unprecedented speed".

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