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-0.000305927342256153 -0.000305927342256153 -0.000459655831740005 0.00160611854684519 0.00198852772466554 -0.0359847036328872 -0.0294676864244741 -0.0188145315487572
Stock impact report

Airbus CEO Warns Drastic Cuts Are Needed [The Motley Fool]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: The Motley Fool
Lou Whiteman(TMFeldoubleu)Author BioLou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials. When not arguing on or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 990s alt rock.Follow @louwhitemanFollow @@louwhitemanThe CEO ofAirbusOTC:EADSYAirbus and archrivalBoeingNYSE:BAAirlinesAirbus hasalready announced production cutsImage source: Airbus."We're bleeding cash at an unprecedented speed, which may threaten the very existence of our company," Faury said. "We must now act urgently to reduce our cash-out, restore our financial balance and, ultimately, to regain control of our destiny."Airbus and Boeing are both expected to have burned through billions in cash in the first quarter, in part due to pr Show less Read more
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