<p>Airbus announced plans to halt operations at its plants in France and Spain for four days as the coronavirus crisis spread from battered airlines to the manufacturing sector.</p>.<p>The most serious across-the-board disruption in Airbus production since a strike at then British partner BAE Systems in 1989 pushed its shares down 7% as a rebound in other European shares quickly faltered.</p>.<p>"This will allow sufficient time to implement stringent health and safety conditions in terms of hygiene, cleaning and self-distancing, while improving the efficiency of operations under the new working conditions," Airbus said in a statement.</p>.<p>The "pause" in output came after Reuters exclusively reported on Monday that Airbus had drawn up contingency plans to slow or stop production if France was placed under a drastic lockdown due to coronavirus.</p>.<p>French President Emmanuel Macron late on Monday ordered stringent restrictions on people's movements to slow the spread of the coronavirus.</p>.<p><a href="https://www.deccanherald.com/national/coronavirus-india-update-state-wise-total-number-of-confirmed-cases-812987.html" target="_blank"><strong>Follow updates of coronavirus cases in India here</strong></a></p>.<p>At mid-morning, Airbus shares were down 7.1% versus a 1% decline in France's CAC40 blue-chip index.</p>.<p>France's aerospace capital of Toulouse is home to Airbus's largest assembly plants as well its headquarters. Its suppliers are also expected to be hit hard by the crisis.</p>.<p>It assembles the narrow-body A320 series there as well as all wide-body aircraft such as the A330 and A350 and the last remaining units of the A380, whose output is being wound down.</p>.<p>French factories also provide the cockpit section and central wingbox for all Airbus planes as well as the pylons, which connect engines to the wings.</p>.<p>In Spain, Airbus builds part of the tail section for its aircraft and assembles A400M military transporters.</p>.<p>Other assembly lines include A319, A321 and more A320s in Hamburg, Germany, as well as overseas production outposts for A320 and A321 aircraft in Mobile, Alabama, and Tianjin, China.</p>.<p>Airbus produces the smaller A220 jetliner in Montreal and Mobile after acquiring it from Bombardier.</p>.<p>Factories in Britain, where Airbus makes wings, or Germany, where it builds part of its fuselages and has its second-largest cluster of assembly lines, can operate for several days.</p>.<p>Deliveries have already been disrupted as crisis-hit airlines hold back from taking possession of aircraft in order to conserve cash, industry sources say.</p>.<p>U.S. rival Boeing said on Monday it was deploying all its resources to sustain its operations. </p>
<p>Airbus announced plans to halt operations at its plants in France and Spain for four days as the coronavirus crisis spread from battered airlines to the manufacturing sector.</p>.<p>The most serious across-the-board disruption in Airbus production since a strike at then British partner BAE Systems in 1989 pushed its shares down 7% as a rebound in other European shares quickly faltered.</p>.<p>"This will allow sufficient time to implement stringent health and safety conditions in terms of hygiene, cleaning and self-distancing, while improving the efficiency of operations under the new working conditions," Airbus said in a statement.</p>.<p>The "pause" in output came after Reuters exclusively reported on Monday that Airbus had drawn up contingency plans to slow or stop production if France was placed under a drastic lockdown due to coronavirus.</p>.<p>French President Emmanuel Macron late on Monday ordered stringent restrictions on people's movements to slow the spread of the coronavirus.</p>.<p><a href="https://www.deccanherald.com/national/coronavirus-india-update-state-wise-total-number-of-confirmed-cases-812987.html" target="_blank"><strong>Follow updates of coronavirus cases in India here</strong></a></p>.<p>At mid-morning, Airbus shares were down 7.1% versus a 1% decline in France's CAC40 blue-chip index.</p>.<p>France's aerospace capital of Toulouse is home to Airbus's largest assembly plants as well its headquarters. Its suppliers are also expected to be hit hard by the crisis.</p>.<p>It assembles the narrow-body A320 series there as well as all wide-body aircraft such as the A330 and A350 and the last remaining units of the A380, whose output is being wound down.</p>.<p>French factories also provide the cockpit section and central wingbox for all Airbus planes as well as the pylons, which connect engines to the wings.</p>.<p>In Spain, Airbus builds part of the tail section for its aircraft and assembles A400M military transporters.</p>.<p>Other assembly lines include A319, A321 and more A320s in Hamburg, Germany, as well as overseas production outposts for A320 and A321 aircraft in Mobile, Alabama, and Tianjin, China.</p>.<p>Airbus produces the smaller A220 jetliner in Montreal and Mobile after acquiring it from Bombardier.</p>.<p>Factories in Britain, where Airbus makes wings, or Germany, where it builds part of its fuselages and has its second-largest cluster of assembly lines, can operate for several days.</p>.<p>Deliveries have already been disrupted as crisis-hit airlines hold back from taking possession of aircraft in order to conserve cash, industry sources say.</p>.<p>U.S. rival Boeing said on Monday it was deploying all its resources to sustain its operations. </p>