Boeing Factory (Image: Boeing)
Engineering & Leasing

Boeing to cut workforce by 16,000

Seattle-based airframer Boeing has announced that it plans to cut its workforce by 10% as it seeks to cut costs following a $641m loss in the first quarter of 2020. Boeing made the announcement as it posted its first-quarter results and said it will seek to cut 16,000 jobs through [read more]

South African Airways
Civil Aviation

Union says a new airline will replace South African Airways

The National Transport Movement (NTM) which represents South African Airways staff had said that it expects a new airline to replace South African Airways. The airline hasn’t officially ceased operations but the South African Government has rejected calls for further financial aid. Speaking yesterday, NTM president Mashudu Raphetha has said [read more]

British Airways Boeing 777 (Image: Aviation Media Agency)
News

British Airways to shed up to 12,000 jobs

British Airways (BA/BAW) will need to cut up to 12,000 jobs as its parent company begins a “restructuring and redundancy programme” to recover from the Coronavirus (COVID-19) Pandemic. The airlines parent company International Airlines Group (IAG) said that a plan was being put to trade unions representing the airlines in [read more]

An Airbus A350-1000XWB touches down at Farnborough (Image: Aviation Media Agency)
Engineering & Leasing

Airbus must act quickly to survive

According to a letter to Airbus staff from Chief Executive Officer, Guillaume Faury, the airframer has lost almost a third of its business and that it must act quickly to protect the very survival of the company. In the communication Mr Faury says that the company is “bleeding cash at [read more]