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regular-article-logo Tuesday, 19 May 2026

Airbus targets 10% cost cuts over global uncertainty and supply snags

The 'cost-containment' order targets non-industrial spending in the commercial aircraft business and headquarters and comes on top of a two-year-old cost-saving project called LEAD

Reuters Published 19.05.26, 07:12 PM
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Europe's Airbus is telling thousands of staff to reduce spending by 10% as global uncertainty and supply chain problems continue to squeeze its core jetliner business, three industry sources said.

The "cost-containment" order targets non-industrial spending in the commercial aircraft business and headquarters and comes on top of a two-year-old cost-saving project called LEAD.

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The previously unreported latest measures have been in place for several weeks and take aim in part at the use of outside contractors, traditionally a key part of the group's resources, the sources said.

Airbus declined comment.

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