Airbus' defense and space division needs to become "faster, leaner and more competitive," its boss said as he announced ...

European aircraft maker and Boeing rival Airbus said it's laying off 2,500 workers as it tries to turnaround its struggling ...

Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business ...

Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division after spending months taking a ...

The cuts come as the company battles with delays, increased costs and competition from the likes of SpaceX.

Delivery delays from planemakers Airbus and Boeing are "massively frustrating" and are not yet getting better, the head of ...

Airbus is holding off taking a charge for 2,500 newly announced job cuts in its Defence and Space unit as it assesses their ...

Airbus deliveries decreased year-on-year, highlighting persistent supply chain bottlenecks. Click here to read an analysis of ...

Boeing (BA) rival Airbus (AIR) is slashing 2,500 jobs in its Defence and Space division as it continues to struggle to find ...

The nose of this autonomous variant of the UH-72 Lakota will open up, allowing weapons or larger pieces of cargo to be ...

Another layoff announcement in aerospace and defense might signal the start of a disturbing trend for workers.