Airbus is preparing to launch a new restructuring and cost-cutting plan next month to offset expensive delays to aircraft programs and minimize losses on the A380. The restructuring will tighten Airbus (OTCPK:EADSY) CEO Tom Enders’ grip on the civil aerospace division, eliminate duplication of certain functions and may include job cuts across the group. Although the plans have not yet been finalized, talks with unions are expected to begin soon.
