Published on 28/05/2020 2:45:34 PM | Source: Reuters

Airbus and Safran shares rise on Boeing cost cuts and 737 MAX restart

Posted in Top Stories| #World Market #Boeing #Airbus

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PARIS - Shares in French aerospace companies Airbus and Safran rose on Thursday, buoyed by Boeing's announcements of more cost-cutting measures and a restart to the production of the Boeing 737 MAX jet.

Safran was up 2.2% while Airbus rose 1.3% in early trading.

(Reporting by Sudip Kar-Gupta; Editing by David Goodman)