Airbus announces that it is short of cash and there are tough times ahead. From BBC:
The chief executive of Airbus has issued a stark assessment of the impact of the coronavirus pandemic on the plane maker.
In a letter to workers, seen by news outlets, Guillaume Faury is said to have warned the company was "bleeding cash at an unprecedented speed".
Mr Faury also told Airbus' 135,000 staff to brace for potentially deep job cuts and warned that its survival was at stake without immediate action, according to the Reuters news agency.
https://www.bbc.co.uk/news/business-52436741