Airbus Tier-1 supplier Premium AEROTEC is to slash its workforce by some 1.450 cross all its German sites in an effort to reduce costs and remain competitive, a spokesperson of the company tells Airinsight. PA is currently in talks with…
Despite record sales and deliveries, Airbus has ended 2019 with a EUR 1.362 billion loss as it has included the penalties of the bribery case and additional charges on the A400M-transporter in its full-year results, the airframer reported on February…
In the last decade, Greece has been associated with huge deficits, a failing economy and a national airline (Olympic) going bust. That the country and its aviation industry have found the way up again could be seen no better than…
The first two days of Singapore Airshow 2020 have seen few commercial aviation announcements. But like Dubai Airshow last November, it is a planemaker of little aircraft that gets the deals. In Dubai, De Havilland Canada signed some important orders…
“Al Baker hungry for new opportunities”, our headline said last week of Qatar Airways looking for new investment options. Today, we know Al Baker can delete one of his projects. Qatar and Alisarda announced on February 11 they will end…
Airbus revealed a prototype scale model of a blended wing aircraft that could eventually become an airliner concept in the future. The concept called Maveric (Model Aircraft for Validation and Experimentation of Robust Innovative Controls) was announced on the first…