PARIS (Reuters) – Airbus plans to end industrial production at one of its two factories in Cadiz (NASDAQ:), southern Spain, and merge them into one site spanning civil and defence activities, a spokesman said.
The plan – which is subject to negotiations – would avoid compulsory redundancies and follows months of speculation and protests over the future of the Puerto Real civil aerospace plant in the wake of a decision to halt A380 production.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Need Your Help Today. Your $1 can change life.