Advanced Television

Guillaume Faury

Airbus: Major space division problems

Airbus Space & Defence has problems. Unlike its major rival Boeing, there’s nothing wrong with its A320 aircraft production, but Airbus’s troubled space division has implemented a €900 million write down in charges – effectively losses against its Q2 2024 revenues – and Airbus CEO Guillaume Faury said a thorough review has led to a […]

June 25, 2024By Chris Forrester