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 ...

Airbus took decades to develop the A380 — a project announced in 1990 to compete with the Boeing 747. When the airliner first entered service with Singapore Airlines in 2007, it became the world ...

Making a virtue out of necessity, Airbus is joining forces with Toshiba to develop a super-efficient superconducting motor for aircraft that uses the liquid hydrogen that supplies the electricity ...

An icon in the shape of a lightning bolt. Impact Link Airbus, the European aviation giant, is cutting up to 2,500 jobs in its space and defense unit. In a statement Wednesday, the company said ...

PARIS (Reuters) -Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division after spending months taking a deep dive into heavy losses in its satellites business.

Airbus acknowledged that issues with its OneSat line of GEO communications satellites contributed "big time" to €600 million in charges its space business took in 2023. Credit: Airbus Join our ...

PARIS, Oct 11 (Reuters) - Europe's Airbus (AIR.PA), opens new tab swung the spotlight on major suppliers after a drop in September deliveries that its planemaking chief called "disappointing" on ...

Airbus says it has agreed a settlement with French, British and US authorities for €3.6bn (£3bn) following lengthy investigations into allegations of bribery and corruption. The European ...

Airbus (AIR) might be nervously looking over its shoulder if it weren’t for a nearly month-long machinist strike at its arch-rival Boeing (BA). The French planemaker announced that it delivered 50 ...

Airbus plans to cut up to 2,500 jobs in its struggling defence and space flight division by mid-2026, the company announced on Wednesday. Airbus' Defence and Space division, which is headquartered ...