Airbus says space business turnaround going well

Airbus says space business turnaround going well

Airbus executives say they are making good progress to turn around the company’s space business unit even as they consider combining it with those at two other European companies. The post Airbus says space business turnaround going well appeared first on SpaceNews.

Airbus says space business turnaround going well - Los Angeles Weekly Times

PARIS — Airbus executives say they are making good progress to turn around the company’s space business unit even as they consider combining it with those at two other European companies. In briefings at the Paris Air Show, as well as at a separate “Business Update” event held in Paris June 18, executives said they were seeing signs of improvement in its space business after taking 1.3 billion euros ($1.5 billion) in charges in 2024 and 600 mill…