Rolls-Royce will cut 9,000 aerospace jobs to save £1.3billion

Aerospace giant Rolls-Royce said today it plans to cut at least 9,000 jobs worldwide in the latest blow to the aviation industry as it continues to be hammered by the coronavirus crisis.  The Derby-based manufacturer said it expects the job losses from its global workforce of 52,000 as part of a ‘major reorganisation’ of the … Read more

Aerospace industry facing its ‘gravest ever crisis’, says Airbus boss

Aerospace industry is facing its ‘gravest ever crisis’, says Airbus boss as arch-rival Boeing axes 15,000 jobs By James Salmon for the Daily Mail Published: 21:50 BST, 29 April 2020 | Updated: 22:04 BST, 29 April 2020 Plane manufacturer Airbus described the Covid-19 pandemic as the ‘gravest crisis the aerospace industry has ever known’ as … Read more