Home Travel Airbus reports new pandemic losses, but stops bleeding cash

Airbus reports new pandemic losses, but stops bleeding cash

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PARIS (AP) – Struggling plane maker Airbus says new European virus lockdown measures are making its life “a bit more difficult,” as it announced 1 billion euros ($1.16 billion) in pandemic-related losses for the third quarter Thursday amid a slower-than-expected recovery in air travel.

But CEO Guillaume Faury said Airbus …

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