S&P cuts Airbus outlook amid concern over deliveries, advances
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PARIS (Reuters) - Ratings agency Standard & Poors placed Airbus on its watch list for a possible downgrade as doubts surfaced over the future level of aircraft deliveries and advance payments from airlines battered by the coronavirus crisis.Airbus said earlier this week a large majority of its airlines continued to pay pre-delivery payments or advances against future deliveries, and that it would adjust production to cope with any gaps.But S&P said it was concerned delays could weaken the..