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Coronavirus crisis blocks Airbus plan for new A321 jet plant in France [Toronto Globe and Mail (Ontario, Canada)]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Coronavirus crisis blocks Airbus plan for new A321 jet plant in France FILE PHOTO: An Airbus A320neo aircraft is pictured in Colomiers near Toulouse, France, October 17, 2017. REUTERS/Regis Duvignau/File Photo Regis Duvignau/Reuters FILE PHOTO: An Airbus A320neo aircraft is pictured in Colomiers near Toulouse, France, October 17, 2017. REUTERS/Regis Duvignau/File Photo Airbus has shelved plans to add a French assembly line for its A321neo just 10 weeks after the expansion was launched, as the coronavirus fallout spreads to its best-selling jetliner. The move heralds the start of a politically sensitive drive to cut investment and overheads after eight years of production growth. Airbus announced plans for an extra assembly line in January when its problem was meeting record demand for the A321neo from its site in Hamburg, Germany, which has suffered production bottlenecks. That would redeploy jobs threatened by the imminent demise of the A380, the world’s largest jetliner whose pop Show less Read more
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