Airbus has returned to positive results again in the first quarter, announcing a EUR 362 million net profit for the period compared to a EUR -481 million loss last year on April 29. The results “mainly reflect our commercial aircraft…
Adapting the production system to make sure that Airbus is ready to ramp up the design and production of very complex and innovative products while maintaining the highest quality standards. That’s why Airbus fully integrates its aerostructure business. It will…
Airbus has announced a significant shake-up of its Executive Committee that sees some familiar faces leave the company and reduce the size of the leadership team. The restructuring should also make the company more agile. The most visible changes are…
While the Covid-crisis is far from over, Airbus is confident that the world’s economy and air travel industry will see no further disruptions in 2021. Based on this assumption, the European OEM expects deliveries of commercial aircraft to be on…
The half-year 1-results of Airbus clearly reflect the crisis the aerospace sector is in now, with the European airframer reporting a net loss of EUR -1.919 billion on July 30. This compares to a €1.197 billion profit for the same…
Airbus is to slash 15.000 positions before mid-2021 as it adapts to revised market conditions. The European airframer said on June 30 it needs to resize following a forty percent reduction in production after Covid-19. The announcement was expected only…