Military Space News, Nuclear Weapons, Missile Defense
Airbus seeks to cut peripheral expenses due to Mideast war
Paris, France, May 19 (AFP) May 19, 2026
European aviation giant Airbus has asked its teams to cut "non-essential expenses" by 10 percent due to turbulence following the Middle East war, according to a document seen by AFP.

"We are asking for your support in adopting several cost containment measures to help our company navigate this unstable situation," it said.

"Our specific focus is on significantly pausing all activities and costs that are not strictly essential to our industrial activities and operations ... We aim to reduce these costs by -10% compared to the 2025 baseline."

Airbus, contacted by AFP, declined to comment.

The memo asked teams not to "engage in any new expenses or any subcontracting activities that are not strictly essential", singling out "team events, team boosters, corporate events, events for other stakeholders, and participation in conferences and events".

It also asked teams not to enter into new agreements or activities, and to cut travel costs.

The economic uncertainty caused by the Middle East war is weighing on the entire aviation sector, as well as on global supply chains in the industry.

At the end of April, Airbus was still planning to deliver a record 870 commercial planes in 2026.

neo-sb/jbo/ach/rmb

Airbus Group


ADVERTISEMENT




 WAR.WIRE

SINO.WIRE

NUKE.WIRE

All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.