Airbus directed staff to reduce spending by 10% across its commercial aircraft division and corporate operations. This new measure targets non-manufacturing expenses and supplements an existing efficiency program. The initiative also aims to lower the company's reliance on outside contractors.
Management introduced the cuts to counter persistent component and raw material bottlenecks. These supply chain issues have slowed aircraft deliveries despite high market demand.
The strategy seeks to protect profit margins and cash flow. However, the move highlights ongoing operational pressures within the global aerospace sector.