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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Airbus SE | EU:AIR | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.76 | 0.47% | 163.20 | 163.18 | 163.22 | 163.36 | 162.00 | 162.88 | 91,668 | 10:19:56 |
From May 2019 to May 2024
--The Defence and Space group of Airbus SE (EADSY) is being asked to save money in the final quarter of the year, in order to meet targets, Reuters reports Wednesday, citing "people familiar with the matter."
--The request comes as Airbus rolls out "Momentum," a new internal efficiency program, the report said.
--Governments are sometimes slow in finalizing payments during the year's last quarter, the report said.
--An Airbus spokesman said the company is carrying out a new efficiency plan. "In early fall, as is rather customary, management has reminded the teams inside Airbus Defence and Space that we have to work hard in order to meet our targets by year-end," the spokesman said.
Full story: www.reuters.com/article/us-airbus-cash-exclusive/exclusive-airbus-defense-unit-sees-cash-challenge-adopts-efficiency-plan-idUSKBN1WO0PZ
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 09, 2019 14:45 ET (18:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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