MARKET REPORT: Senior struggles to cope with aerospace calamity `

Engineer Senior stumbled after it laid bare the havoc the Covid crisis has wrought on companies further down the aerospace supply chain. Airlines were hit almost immediately through the mass cancellation of flights – but it took longer for it to become clear the impact it was having on plane makers. Now Senior, which provides … Read more

GKN jobs fear as aerospace giant pays staff to quit

Fears of huge job cuts at GKN as aerospace giant pays staff to quit GKN asked staff at two of its aerospace factories to take voluntary redundancy Aerospace manufacturers are grappling with a slump in demand in civil aviation  Last week, Rolls-Royce announced plans to slash 9,000 jobs  By Jamie Nimmo For The Financial Mail … Read more

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

Rolls-Royce will cut 9,000 aerospace jobs to save £1.3billion after air travel slumped in coronavirus pandemic Engineering giant has a global workforce of 52,000, 24,000 of whom are in UK Many cuts will be in civil aerospace but unclear how many will be happen here Demand for engines has slumped as airlines remain grounded during … Read more

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

Rolls-Royce will cut 9,000 aerospace jobs to save £1.3billion after air travel slumped in coronavirus pandemic By Rory Tingle For Mailonline Published: 07:22 BST, 20 May 2020 | Updated: 07:33 BST, 20 May 2020 Aerospace giant Rolls-Royce has said it plans to cut at least 9,000 jobs after the aviation industry was hit hard by … 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