Airbus Launches New Cost-Cutting Drive
July 13, 2024, 9:32 am
Location: United States, Illinois, Chicago
Employees: 10001+
Founded date: 1916
Total raised: $25.01B
Location: United States, District of Columbia, Washington
Employees: 5001-10000
Founded date: 2002
Total raised: $7.53B
Airbus has launched a new performance improvement plan to address cost issues and freeze overall headcount in response to production challenges, aiming to stay competitive in the aerospace industry. The initiative, named "LEAD!", will focus on reducing unit costs and increasing productivity as the company prepares for the recovery of its U.S. rival, Boeing. While some positions may be eliminated and the number of posts capped, Airbus does not plan formal redundancies. The company will examine costs without changing its strategy, emphasizing the need to concentrate efforts on fundamentals amidst supply chain pressures and economic complexities. The plan reflects Airbus's commitment to adapt and thrive in a challenging market environment.
NASA's Decision on Crew Dragon and Starliner
NASA has announced that it will not use SpaceX's Crew Dragon spacecraft to rescue Boeing's Starliner crew from the International Space Station (ISS). Astronauts Suni Williams and Butch Wilmore arrived at the ISS on a test flight of the Starliner in early June, but remain on the station due to engine overheating issues. NASA clarified that the astronauts are not stranded but are staying to gather more data before returning to Earth, delaying Starliner's return indefinitely. Despite encountering helium leaks and engine malfunctions during docking with the ISS, NASA and Boeing maintain that Starliner can safely bring the astronauts back to Earth. Ground tests are ongoing to ensure the spacecraft's readiness for the return journey, with a tentative return date set for late July. NASA is also preparing for the possibility of replacing Starliner with Crew Dragon in future missions, potentially pushing back Boeing's next flight to the end of 2025.
NASA's Decision on Crew Dragon and Starliner
NASA has announced that it will not use SpaceX's Crew Dragon spacecraft to rescue Boeing's Starliner crew from the International Space Station (ISS). Astronauts Suni Williams and Butch Wilmore arrived at the ISS on a test flight of the Starliner in early June, but remain on the station due to engine overheating issues. NASA clarified that the astronauts are not stranded but are staying to gather more data before returning to Earth, delaying Starliner's return indefinitely. Despite encountering helium leaks and engine malfunctions during docking with the ISS, NASA and Boeing maintain that Starliner can safely bring the astronauts back to Earth. Ground tests are ongoing to ensure the spacecraft's readiness for the return journey, with a tentative return date set for late July. NASA is also preparing for the possibility of replacing Starliner with Crew Dragon in future missions, potentially pushing back Boeing's next flight to the end of 2025.