Tag #Aerospace

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zeit.de

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Dec 5, 21:05

Airbus Cuts 2,043 Defense and Space Jobs

Airbus reduced its planned job cuts in the defense and space division to 2,043 by mid-2026, affecting 689 jobs in Germany and 1,354 in the UK, France, and Spain, with no compulsory redundancies; the restructuring aims to improve competitiveness in a changing satellite market.

Airbus Cuts 2,043 Defense and Space Jobs

Airbus reduced its planned job cuts in the defense and space division to 2,043 by mid-2026, affecting 689 jobs in Germany and 1,354 in the UK, France, and Spain, with no compulsory redundancies; the restructuring aims to improve competitiveness in a changing satellite market.

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What is the overall impact of Airbus' job reduction plan on its European workforce and which countries are most affected?

Airbus announced a smaller-than-expected job reduction of 2,043 positions in its defense and space division by mid-2026, affecting 689 jobs in Germany and 1,354 across the UK, France, and Spain. No compulsory redundancies are planned. The cuts primarily impact administrative and spaceflight sectors.

theglobeandmail.com

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Nov 13, 07:05

CAE CEO to Step Down

CAE CEO Marc Parent to step down after 15 years, company reports better-than-expected earnings amid recent challenges.

CAE CEO to Step Down

CAE CEO Marc Parent to step down after 15 years, company reports better-than-expected earnings amid recent challenges.

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What challenges has CAE Inc. faced recently?

CAE recently took a significant impairment charge on its defense business and saw several key executives depart. This, combined with a drop in share price from its 2021 peak, highlights recent challenges.

china.org.cn

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Nov 8, 04:15

China's Low-Cost Space Cargo Revolution

China unveils new low-cost cargo spacecraft to support its space station, boosting its commercial space sector.

China's Low-Cost Space Cargo Revolution

China unveils new low-cost cargo spacecraft to support its space station, boosting its commercial space sector.

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How has China's commercial space market performed in recent years?

China's commercial space market has shown rapid growth, with an annual growth rate of over 20 percent since 2017, and is projected to reach 2.34 trillion yuan by 2024.

abcnews.go.com

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Nov 5, 13:18

Boeing Strike Ends

Boeing workers end seven-week strike after accepting a new contract with significant wage increases, but without pension restoration.

Boeing Strike Ends

Boeing workers end seven-week strike after accepting a new contract with significant wage increases, but without pension restoration.

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How did union members react to the contract agreement?

Reactions to the contract's ratification were mixed among union members, with some viewing it as a victory and others expressing disappointment. Despite the wage increase, the failure to restore the pension plan was a source of frustration for some workers.

euronews.com

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Nov 5, 13:21

Boeing Strike Ends

Boeing workers end seven-week strike after agreeing to a new contract.

Boeing Strike Ends

Boeing workers end seven-week strike after agreeing to a new contract.

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What was the outcome of the Boeing worker strike?

Boeing workers have voted to end their seven-week strike, accepting a deal that includes a 38% wage increase over four years. The agreement allows Boeing to resume production of its bestselling airliner and generate much-needed revenue.

welt.de

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Dec 5, 21:05

Airbus Cuts 2,043 Jobs in Defense and Space Division

Airbus reduced its planned job cuts in the defense and space division to 2,043 positions, affecting 689 jobs in Germany and 1,354 in other European countries, with no compulsory redundancies.

Airbus Cuts 2,043 Jobs in Defense and Space Division

Airbus reduced its planned job cuts in the defense and space division to 2,043 positions, affecting 689 jobs in Germany and 1,354 in other European countries, with no compulsory redundancies.

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What are the primary reasons for the job cuts, and which sectors are most significantly impacted?

The decrease in jobs is primarily attributed to decreased profitability in the spaceflight sector, facing challenges from increased competition and evolving technologies, particularly from SpaceX. The restructuring aims to enhance efficiency and adaptability in a rapidly changing market.

nbcnews.com

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Nov 8, 13:29

China's J-35A Stealth Fighter Debut at Zhuhai Airshow

China to unveil new stealth fighter jet J-35A at Zhuhai Airshow, showcasing advancements in its aerospace industry.

China's J-35A Stealth Fighter Debut at Zhuhai Airshow

China to unveil new stealth fighter jet J-35A at Zhuhai Airshow, showcasing advancements in its aerospace industry.

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What is the significance of this year's Zhuhai Airshow?

This year's Zhuhai Airshow is significant as it's the first post-pandemic edition and showcases China's progress in domestic aerospace development amidst geopolitical tensions.

lexpress.fr

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Nov 7, 16:07

Trump's Return: Aerospace Industry Outlook

Analysis of the potential effects of a Donald Trump presidency on the aerospace industry, including impacts on Boeing, Airbus, and the global market.

Trump's Return: Aerospace Industry Outlook

Analysis of the potential effects of a Donald Trump presidency on the aerospace industry, including impacts on Boeing, Airbus, and the global market.

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Is a Trump presidency good or bad news for Boeing?

Trump's return is potentially good news for Boeing, which benefits significantly from military contracts. His pro-military spending could accelerate Boeing's recovery from recent financial difficulties.

it.euronews.com

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Nov 5, 16:03

Boeing Strike Ends With New Contract

Boeing workers end seven-week strike after agreeing to a contract that includes significant pay raises but excludes pension restoration.

Boeing Strike Ends With New Contract

Boeing workers end seven-week strike after agreeing to a contract that includes significant pay raises but excludes pension restoration.

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How did President Biden react to the resolution of the Boeing strike?

President Biden expressed approval of the agreement, highlighting its positive impact on job security and workers' retirement prospects, emphasizing its importance for the American aerospace sector.

Showing 73 to 81 of 81 results