Airbus's landmark jet output cut faces crucial test
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PARIS (Reuters) - Airbus's decision to cut output of its best-selling jet by a third amid coronavirus marks a huge shift for the European planemaker, which has enjoyed virtually unbroken growth since it began competing toe-to-toe with Boeing almost 20 years ago.The company's first significant cut in A320-family output, to 40 jets a month, brings production to the lowest level since 2012 and will be implemented in May or June, unions said.Airbus shares, which have fallen around 50% this year..