Coronavirus Forces Closure Of Airbus’ Tianjin, China, Plant Written 6 February 2020
The Wall Street Journal reports that Airbus has said that travel restrictions to China are hindering production at its Tianjin, China, factory. Most large plants had been ordered closed by the Chinese government until February 10, but Airbus said Wednesday that it plans to extend the closure indefinitely. The closure could cause delivery delays for Asian carriers and possibly cause cash-flow problems at Airbus.
Full Story (Wall Street Journal–subscription publication)