Airbus seeks to cut peripheral expenses due to Mideast war

“European aviation giant Airbus has asked its teams to cut "non-essential expenses" by 10 percent due to turbulence following the Middle East war, according to a document seen by AFP. "We are asking for your support in adopting several cost containment measures to help our company navigate this unstable situation," it said. "Our specific focus is on significantly pausing all activities and costs that are not strictly essential to our industrial activities and operations ... We aim to reduce these costs by -10% compared to the 2025 baseline."

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