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airbus

Airbus job cuts to hit Germany hardest
airbus

Airbus job cuts to hit Germany hardest

German Economy Minister Peter Altmaier on Wednesday urged plane builder Airbus to spread the pain fairly as it cuts 15,000 jobs to deal with lower orders following the coronavirus pandemic.
Govt 'lied' to parliament about NSA spying
espionage

Govt 'lied' to parliament about NSA spying

The government has been accused of lying to the Bundestag (German parliament) after it emerged last week that Chancellor Angela Merkel's office knew German spies were conducting economic espionage on behalf of the Americans.
Berlin and Paris revamp strategic EADS holdings
space

Berlin and Paris revamp strategic EADS holdings

The European Aeronautic Defence and Space Company (EADS), which owns plane maker Airbus, has unveiled a deal to restructure shareholdings meant to reduce the role of France and Germany but preserve their strategic interests.
Truck drops 146-tonne crane on road
accidents

Truck drops 146-tonne crane on road

The base of a crane, weighing a massive 146 tonnes, fell off the back of a flatbed truck en route to the Airbus base near Hamburg early Thursday morning. The accident caused considerable damage to the road and destroying the vehicle escorting it, but no-one was injured.
Merkel wants old East German plane back
aviation

Merkel wants old East German plane back

German Chancellor Angela Merkel is reportedly unhappy with her new Airbus A340, which is used for official visits around the world. She now wants an older plane, which the government inherited from communist East Germany, to be given a new lease of life.
Lufthansa forecasts profits to withstand tough 2011
aviation

Lufthansa forecasts profits to withstand tough 2011

Leading German airline Lufthansa on Thursday forecast improved operating profit and sales for this year and next, though 2011 is expected to be tough on the airline industry. The airline also announced the expansion and modernisation of its fleet.
Germany plans €1-billion loan for Airbus A350
Jobs

Germany plans €1-billion loan for Airbus A350

The German government has signaled a willingness to help finance production of the Airbus A350 with loans totalling more than €1 billion, <i>Die Welt</i> reported Sunday. Berlin hopes the funds will help secure Airbus manufacturing sites in Germany.