Boeing Triumphs with USAF E-7 Wedgetail Deal Amidst Fraud Allegations
Despite recent legal challenges, Boeing has clinched a significant contract with the United States Air Force for the supply of… Read More »
Leonardo Collaborates with Thales and Airbus to Forge New Space Strategy
Italy’s Leonardo, alongside French aerospace giant Thales and European aerospace leader Airbus, is crafting a new strategic vision for the… Read More »
Airbus and Thales Consider Merger of Space Divisions
European aerospace giants Airbus and Thales are reportedly in discussions to merge some of their space-related activities, particularly focusing on… Read More »
Airbus Implements New Cost-Cutting Strategy Amid Production Challenges
Airbus has unveiled a new performance improvement plan named “LEAD!” aimed at bolstering efficiency and managing costs within its planemaking… Read More »
Boeing’s ‘Sweetheart Deal’ Outrage: A Minimal Fine for Maximum Damage
This week, the Boeing Company admitted guilt in a federal court, acknowledging its fraudulent actions that contributed to the tragic… Read More »
Airbus Faces Production Delays as CFM Navigates Supply Challenges Amid Boeing Tensions
Airbus, the European aerospace giant, has been compelled to delay its plans to increase the production of narrowbody jets due… Read More »
Airbus Shares Plunge as Company Downgrades 2024 Financial and Production Forecasts
Airbus shares took a significant hit, dropping 9.5% on Tuesday following the aerospace giant’s unexpected announcement that it was lowering… Read More »
Airbus Adjusts Delivery Targets and Postpones Production Goals Amid Supply Chain Challenges
Airbus, Europe’s largest aerospace group, has revised its key industrial and financial targets, reducing its delivery forecast for this year… Read More »