GE is cutting up to 13,000 jobs at its jet engine division because of the pandemic
New York (CNN Business)General Electric is cutting as many as 13,000 jobs in its jet engine business after the coronavirus… Read More »
China Development Bank and General Electric cancel Boeing 737 MAX order
China Development Bank (CDB) Financial Leasing announced on Monday it had agreed with Boeing to cancel the purchase of 29… Read More »
Airbus furloughs 3,000 aerospace workers in France
Airbus will furlough some 3,000 French aerospace workers by tapping a government-backed scheme for four weeks starting from Monday, the… Read More »
NextGen aircraft design is key to aviation sustainability
For NASA’s aeronautical innovators, when it comes to designing the next generation of passenger-carrying airplanes, you can think of it… Read More »
Rolls-Royce scraps targets and dividend
Rolls-Royce is scrapping its targets and final dividend to shore up its finances as the British aero-engine maker’s customers around… Read More »
General Electric plans to furlough about half their workforce
General Electric reportedly plans to furlough about half of the workers in its massive aircraft-engine manufacturing unit for up to… Read More »
Farnborough Airshow canceled in sign of aerospace slump
The Farnborough Airshow – this year’s largest aerospace expo and a showcase for tens of billions of dollars of business… Read More »
EU certifies the Airbus A321 passenger-to-freighter conversion
European authorities have certified the Airbus A321 passenger-to-freighter conversion undertaken by the airframer’s EFW joint venture with ST Engineering. Approval… Read More »