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EADS: Airbus cuts costs
Toulouse, France - Drastic reduction of sub-contractors
Airbus, a subsidiary of the European Aerospace and Defense Group (EADS), announced it will reduce 80% of its sub-contractors, passing from current 3000 to 500 companies. The French manufacturer also communicated that it will reduce its administration costs by EUR 900m by 2010 and supplying costs by EUR 350m. There will be a further expenses cut in the number of logistic platforms, which is planned...
AVIONEWS - World Aeronautical Press Agency - 68535
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency