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Galleries Airbus also supports about 2,500 firms in its supply chain.The Franco-German company did not initially say whether it expected to lay off staff or put them on a furlough scheme.Airbus and Boeing are by far the largest suppliers of planes to commercial airlines, which have been hit hard by the pandemic, triggering requests for John Strickland, the director of the independent transport consultancy JLS Consulting, said aircraft manufacturers were bracing for a severe and long-lasting impact.He said the effect on the industry was expected to be more significant than 9/11, the 2008 economic crisis or the volcanic ash cloud that led to the cancellation of flights over much of Europe in 2010.“All of those were far more localised and, though they looked bad at the time, they had boundaries. Airbus is to slash the number of planes it builds by a third, amid expectations that the coronavirus pandemic will continue wreaking havoc on global … There are loans of up to £5m with no interest for six months for smaller companies.Taxes levied on commercial premises will be abolished this year for all retailers, leisure outlets and hospitality sector firms.Britain’s smallest 700,000 businesses eligible for cash grants of £10,000.

There are similar wage subsidies for employees.Government to back £330bn of loans to support businesses through a Bank of England scheme for big firms. In order to give you a better service Airbus uses cookies. Airbus BizLab supports “Start-ups Against Corona” ... BizLab is Airbus' start-up innovation unit, and we were invited to support the initiative as we have a large network of start-ups and alumni who are used to working with large businesses. Civil missions ePROC Strategic Procurement The Company is regularly updating staff on the situation and on necessary precautions to take.

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Airbus and Boeing halt production of its jets because of the coronavirus.

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