The U.S. State Department announced a slew of sanctions on Monday to mark International Anti-Corruption Day and the eve of Human Rights Day, targeting individuals from multiple countries, including th

Airbus delivers 84 planes in November

02:54am, Friday, 06'th Dec 2024
Airbus delivered 84 planes in November as the planemaker moved back towards end-year targets after a downturn over the summer.
The cuts amount to around 5% of the division's workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.
Airbus is cutting 2,043 jobs in its Defence & Space division, compared with its earlier estimate of up to 2,500 job reductions, two people familiar with the matter said.
Airbus deliveries rose sharply in November to more than 80 jets as the planemaker recovered from a downturn and made progress towards year-end targets, industry sources said.
Jet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap as the planemaker battles to hit end-year targets, three people familiar with the matter said.
Ducommun has reached my 2025 price target, prompting a reassessment of its upside potential and current valuation. The company is well-positioned in both commercial and defense markets, with growing e
Ducommun reported 2.6% revenue growth, driven by military, space, and Airbus programs. Margins improved, with adjusted EBITDA margin expanding to 15.8% and adjusted EPS up 41%. Robust performance in A
The head of European planemaker Airbus said talks to finalise the takeover of part of troubled U.S. aerostructures supplier Spirit Aerosystems were going smoothly but that bringing it into Airbus woul
The CEO of Airbus signalled cautious optimism on crucial engine supplies on Tuesday, telling Reuters that CFM International should be able to supply enough units to support the planemaker's end-year p
The chief executive of Airbus said on Tuesday that Europe's space industry needs to restructure and consolidate in the face of private U.S. competition and investments in China and elsewhere.
Elon Musk's hugely successful rockets-to-satellites SpaceX venture would raise anti-trust concerns if it had to operate in Europe, the head of aerospace group Airbus said on Thursday.
Airbus SE faces supply chain challenges, particularly with turbofans and cabin equipment, risking its delivery target of 770 airplanes for the year. Despite lower year-on-year order inflow, strong dem
Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on fresh funding and revised payment terms, a person familiar with the matter said
The head of Airbus China said on Tuesday that the certification for its A330NEO plane in China was going smoothly and that the first delivery in the country could come in 2025.
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