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

PARIS (Reuters) - Shares in French aerospace companies Airbus <AIR.PA> and Safran <SAF.PA> rose on Thursday, buoyed by Boeing's <BA.N> 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)