FACC Takes Steps To Mitigate COVID-19 Impact

FACC
FACC is preparing for business to slow in the wake of the COVID-19 crisis.
Credit: FACC
Austrian aerospace parts and services provider FACC has said that a “large part” of its staff is expected to apply for “short-term work” starting Apr. 6 and that it will revise plans to ramp up a new Croatian factory while suspending its dividend payment to shareholders for 2019. The moves announced...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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