* Plan aims to cut costs
* Company wants to improve cash generation
PARIS, Oct 22 Eurocopter, the world's largest
civil helicopter manufacturer, unveiled plans on Thursday to cut
short-term costs by 200 million euros ($298.6 million) as part
of a corporate response to the global financial crisis.
The division of European aerospace and defence group EADS
EAD.PA said the plan would also improve cash by reducing
inventories and redeploy some staff.
It did not say whether there would be any redundancies.
The programme -- dubbed SHAPE -- will also include measures
to improve productivity and an increase in research and
development budgets, the company said in a statement.
The Airbus sister company did not say whether production
rates would be affected.
French newspaper Les Echos reported last week that
Eurocopter would cut costs and may cut production in 2010 and
(Reporting by Tim Hepher; Editing by James Regan)