Airbus struggles to balance its response

Missing targets: An employee working at Airbus’ facility in Mirabel, Quebec. Airbus warned last month that it wouldn’t achieve its earnings goals this year, hinting it would slow output without providing specifics. — Reuters

TOULOUSE: The most dramatic contraction in civil aviation history poses a challenge for Airbus SE in how to balance its response.

Factories that churned out aircraft in record numbers before the coronavirus crisis face an unprecedented production cut. But retreating too far risks leaving the company wrong-footed in a rebound and diluting its advantage over Boeing Co.