Airbus plans to cut up to 2,500 jobs in its defense and space division
Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.
Spirit Airlines to sell Airbus planes, cut jobs to boost liquidity
Spirit Airlines (NYSE:SAVE) disclosed plans to sell 23 Airbus planes, scale back flight capacity and cut jobs to boost liquidity. The news sent its shares soaring 9.5% aftermarket on Thursday. The airline plans to sell 23 A320ceo/A321ceo planes to aviation aftermarket services provider GA Telesis for about $519M.
Spirit Airlines to Trim Workforce, Sell Aircraft to Help Shore Up Liquidity
The airline said capacity fell 1.2% during the recent quarter and estimates fourth-quarter capacity will be down 20% compared with last year’s quarter.
Spirit Airlines Boosts Liquidity with Aircraft Sale
Spirit Airlines has announced a significant aircraft sale to GA Telesis, expected to boost its liquidity by $225 million by the end of 2025. Despite a planned reduction in capacity due to the sale and engine availability issues,
Spirit Airlines’ Latest Move to Raise Cash: A $519 Million Aircraft Sale
Spirit Airlines is looking for more ways to boost its balance sheet. The aircraft sale would considerably decrease Spirit’s capacity for 2025.
Startup CEO shares his plan for a radical 'blended wing' jet to rival Boeing and Airbus
Natilus' design for a "blended-wing" concept combines the wing and fuselage to increase efficiency. Imagine a B-21 bomber ...
Airbus to hire 5,000 direct employees in India, targets $2 Bn in sourcing from India
Given India's pivotal role in the company's long-term plan, Airbus is laying the groundwork for a significant expansion there ...
Airbus Fuselages Used In French Stadium Reconstruction
When it came time for a design for a renovated stadium at Stade de la Meinau in Strasbourg, France, to take flight, old ...
AeroTime1d
Spirit Airlines to sell 23 Airbus planes to add $519M to balance sheet
Spirit Airlines has agreed to sell 23 Airbus A320 family aircraft which will add a much-needed $519M to its balance sheet.
Swarajya4h
Prime Minister Modi, Spanish PM Sanchez To Jointly Inaugurate Tata-Airbus C-295 Aircraft Manufacturing Facility In Gujarat On 28 October
Prime Minister Narendra Modi and Spanish PM Pedro Sanchez will jointly inaugurate the TATA Aircraft Complex for manufacturing ...
Airlines are falling in love again with the Airbus A380. Here's everywhere the world's largest passenger jet is set to fly this winter.
Emirates is the biggest Airbus A380 operator with almost 120 jets serving 48 destinations. Maps and lists show everywhere the ...
Airbus to lay off 2,500 as it tries to turn around its space and defense division
European aircraft maker and Boeing rival Airbus said it's laying off 2,500 workers as it tries to turnaround its struggling ...
Airbus to Cut Up to 2,500 Jobs at Space and Defense Unit
Airbus SE plans to eliminate as many as 2,500 positions at its defense and space division as the European aircraft ...
Boeing's European rival Airbus is cutting up to 2,500 jobs at its space and defense unit
Airbus' defense and space division needs to become "faster, leaner and more competitive," its boss said as he announced ...
United Airbus A319 Returns To Newark Following Wing Damage After Bird Strike
A United Airlines Airbus A319 was forced to land back in Newark after suffering a bird strike during its climb after taking ...