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Airbus has announced plans to cut 2,000 jobs in a sign that Europe is fast losing ground to the U.S. and Elon Musk’s SpaceX in the new space race.
Airbus will now "concentrate our efforts on the fundamentals" as rising costs, supply chain snarls and competition catch up with it. Airbus will now "concentrate our efforts on the fundamentals ...
So you can see why Airbus investors would be enthused by the news. The Ariane 6 was designed to cut Airbus launch costs by half and make the company more competitive with SpaceX. Now that it has ...
Airbus deliveries accelerated in October to reach 497 airplanes so far this year, or an underlying total of 495 after excluding two Aeroflot deliveries cancelled due to Western sanctions against ...
Airbus expects delays in engine supplies that have been holding back aircraft deliveries to peak at mid-year, Chief Executive Guillaume Faury was reported on Monday as saying. Airbus has been ...
Airbus will have a clearer picture on 2022 deliveries by the end of November but the supply chain environment "remains very complex", Chief Executive Guillaume Faury said on Tuesday. Attending ...
Airbus overcame new snags in its global supply chain to maintain a widely watched forecast for 600 jet deliveries this year, pushing its shares higher despite signs of labour shortages as the ...
Airbus on Tuesday abandoned its forecast for airplane deliveries in 2022 but maintained other financial guidance after posting 68 deliveries in November. The world's largest planemaker does not ...