Airbus SE

Airbus SE is a holding and management company, which engages in the design, manufacture, and marketing of aerospace products, services, and solutions. It operates through the following segments: Airbus, Airbus Helicopters, and Airbus Defense and Space. The Airbus segment offers jet aircraft, aircraft conversion and related services, turboprop aircraft, and aircraft components. The Airbus Helicopters segment is composed of civil and military helicopters and related services. The Airbus Defense and Space segment includes military aircraft, which supports combat, mission, transport and tanker aircraft, and associated services; space systems, which provides a range of civil and defense space systems for telecommunications, earth observations, navigation, science, and orbital systems; and connected intelligence, which refers to services around data processing from platforms, secure communication, and cyber security. The company was founded on December 29, 1998 and is headquartered in Blagnac, France.

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Airbus SE is a holding and management company, which engages in the design, manufacture, and marketing of aerospace products, services, and solutions. It operates through the following segments: Airbus, Airbus Helicopters, and Airbus Defense and Space. The Airbus segment involves the development, manufacture, marketing, and sale of commercial jet passenger aircraft, regional turboprop, and components, conversion and related services. The Airbus Helicopters segment includes the provision of civil and military helicopters and related services. The Airbus Defense and Space segment focuses on connected intelligence, military air, and space systems. The company was founded on December 29, 1998 and is headquartered in Blagnac, France.

Airbus Deliveries Fall By 50%

Flag carrier Garuda Indonesia is in talks with Airbus to delay deliveries of four aircraft this year, its chief executive said on Tuesday, as the coronavirus outbreak restricts travel.

Garuda Indonesia says talking to Airbus to delay 2020 deliveries

Deliveries for the first six months of 2020 came in at a 16-year low

Airbus' First-Half Deliveries Plunge as COVID-19 Takes Its Toll

The French government backed union calls to avoid compulsory job cuts at Airbus on Thursday as several hundred workers marched from the company's headquarters to Toulouse-Blagnac airport.

France urges no sackings at Airbus as workers march over jobs

Airbus deliveries rose 50% in June compared with May and reached their highest level since the coronavirus crisis spread to Europe in March, but the accelerating recovery failed to prevent first-half deliveries from sliding to a 16-year low.

Airbus first-half deliveries hit 16-year low despite June bounce

Airbus deliveries plunged to 196 aircraft in the first half of the year from 389 in the same period a year earlier, the planemaker said on Wednesday.

Airbus deliveries plunge in first half

Airbus workers began a brief strike on Wednesday over plans to cut up to 15,000 jobs in response to the coronavirus crisis, which has stripped demand for jets as airlines cope with a plunge in tourism and business travel.

Airbus workers stage protest over job cuts

Airbus could save 2,000 of the 5,100 jobs it is due to cut in Germany if the government helps it by extending a short-time work programme and supporting its research into hydrogen-fueled propulsion, its boss told Spiegel magazine.

Germany can prevent job losses by supporting Airbus: CEO to Spiegel

Boeing

Embraer

The world's No. 3 planemaker Embraer SA said on Thursday it was negotiating buyouts, signaling likely cuts in its workforce due to the coronavirus pandemic that has hammered the travel industry.

Brazil's Embraer negotiates worker buyouts, as Boeing, Airbus downsize

French unions and regional leaders urged Airbus on Thursday to step back from a Big Bang restructuring as workers across Europe waited for a factory-by-factory breakdown of 15,000 job cuts brought about by the coronavirus pandemic.

Unions urge Airbus to slow down restructuring plans

Airbus and Boeing are seeing big drops in aircraft demand. As airlines restructure, the manufacturers should change their contractual approach to maintain and ultimately grow their market.

How Boeing And Airbus Should React As Airlines Restructure

Europe's Airbus left the door open on Wednesday to scaling back its planned 15,000 job cuts in exchange for government-funded labour schemes and research, as its coronavirus restructuring stoked political and union alarm.

Airbus hints at compromise as governments fret over job cuts

The United Kingdom has passed the point of no return. It has less than six months to reach a new trade deal with the European Union or risk heaping more pressure on companies that are already laying off tens of thousands of workers because of the coronavirus pandemic.

Companies warn 'huge gamble' on Brexit could add to Britain's growing jobs crisis

Airbus' job cut target could be reduced depending on part-time working agreements or government research funding, the European planemaker's human resources officer said on Tuesday.

Airbus HR chief says job cut target could be reduced

The Spanish government is working with Airbus to keep jobs in the country, Prime Minister Pedro Sanchez said on Wednesday, a day after the aerospace giant announced it would cut 15,000 jobs as part of a global restructuring.

Spain working with Airbus to keep jobs in wake of restructuring

France urged Airbus and flag carrier Air France on Wednesday to make as few forced layoffs as possible under their plans to cut thousands of jobs, while a union said compulsory cuts at the European planemaker were a "red line".

French government, unions tell Airbus, Air France to minimise job cuts

Airbus plans to cut employees, the number of which is equivalent to a small city. The figure, the plane manufacturer said will be 15,000.

Airbus To Slash 15,000

The chief executive of European planemaker Airbus warned staff on Tuesday the economic crisis brought about by the coronavirus epidemic could still get worse, after the group unveiled plans to cut 15,000 jobs across Europe.

Airbus CEO warns staff against nationalism, crisis could worsen

Airbus SE (EPA: AIR) expressed plans of cutting around 15,000 jobs on Tuesday. The layoff, the company said, also includes 900 workers that it has already earmarked in Germany.

Airbus to layoff 15,000 workers as it warns of a threat to its future due to COVID-19

Plans by Airbus to cut 1,700 UK jobs will affect its operations across Britain including its two biggest factories, the Unite union said on Tuesday, as it re-iterated a call for government support for the sector.

Airbus plans to cut jobs right across its UK operation: union

Battered by the coronavirus pandemic, European aircraft manufacturer Airbus said Tuesday that it must eliminate 15,000 jobs, mostly in Europe, to safeguard its future and warned of more thin years ahead.

Airbus shedding 15,000 jobs, mostly in Europe

Airbus SE EADSY, +0.50% said Tuesday it will cut about 15,000 jobs by next summer as it aims to "resize" its workforce and commercial-airplane operations in response to the coronavirus pandemic.

Airbus to cut workforce in bid to weather its 'gravest crisis'

Aircraft manufacturer, which has a plant in Broughton, north Wales, has been hit hard by pandemic

'Gravest crisis' as Airbus plans to cut 15,000 jobs, 1,700 in UK

Aerospace giant Airbus announced plans to layoff 15,000 employees as part of a broader restructuring following a 40% drop in business caused by the global coronavirus panic.

Airbus To Cut 15,000 Jobs Amid ‘Gravest Crisis This Industry Has Ever Experienced’

Airbus will cut about 15,000 jobs, or more than 10% of its workforce, over the next 12 months as it comes to terms with a plunge in demand for new aircraft due to the slump in air travel caused by the pandemic.

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