Airbus cancels 2019 dividend, 2020 forecasts due to coronavirus
In 2019, Airbus, which employs a global workforce of 135,000, generated revenues of around €70 billion. – EPA pic, March 23, 2020.
EUROPEAN aviation giant Airbus said Monday it would cancel the planned dividend payment for 2019 and also abandon its earnings forecasts for the current year because of the economic uncertainty sparked by the coronavirus pandemic. “We have withdrawn our 2020 guidance due to the volatility of the situation,” Airbus chief executive Guillaume Faury said in a statement.
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