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…
Summary of industry news in commercial aviation, business aviation, airlines, and social media
Summary of industry news in commercial aviation, business aviation, airlines, and social media
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 a word, ouch. What is there to say? No orders, zero, nada – the first time since 1962! Thirteen deliveries. More sleepness nights in Seattle and Chicago. There should also be sleepless nights on Wall Street. Views: 4
Summary of industry news in commercial aviation, business aviation, airlines, and social media