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ALEX BRUMMER: Despite holding firm in the face of initial bids for Signature, Nigel Rudd has record of selling rather than building enterprises for future By Alex Brummer for the Daily Mail Published: 22:01 GMT, 11 January 2021 | Updated: 22:01 GMT, 11 January 2021 Shareholders in Signature, formerly known as BBA Aviation, must be … Read more
Could CIRCULAR runways take off? Aerospace tests show circle designs would increase capacity, allow for simultaneous landings and take-offs and remove the risk of crosswinds The runway would be built as a 3.5km wide circle around an airport terminal Aircraft can avoid risky crosswinds by landing in any direction, says scientist It would allow for … Read more
Boy, 12, who was accepted to MENSA at age three is set to make history as the youngest person to study aerospace engineering at Georgia Tech and insists ‘I’m not really smart, I just grasp information quickly’ Caleb Anderson is set to commence aerospace engineering classes at Georgia Tech this fall The tween is set … Read more
ALEX BRUMMER: As much as the noise pains me, it would be good to see the big birds descending over Richmond Park again By Alex Brummer for the Daily Mail Published: 22:17 BST, 27 August 2020 | Updated: 22:22 BST, 27 August 2020 Opening an air corridor between London and New York, together with testing … Read more
Top aerospace companies plotting £1bn bailout fund to help suppliers stricken by coronavirus crisis By Daily Mail City & Finance Reporter Published: 21:50 BST, 9 August 2020 | Updated: 21:50 BST, 9 August 2020 Top aerospace companies are plotting a £1billion bailout fund to help suppliers stricken by the virus crisis. The fund would help … Read more
Jeff Bezos sells $3.1BILLION or just 1.8% of his Amazon stock to help fund his new private aerospace company Blue Origin – leaving him with $173BN worth of shares Jeff Bezos sold shares worth $3.1 billion in the e-commerce company He he plans to sell stock worth about $1 billion each year to fund his rocket … Read more
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
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 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
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