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EADS to cut 5,800 jobs in Europe in restructuring

Last Updated: Tuesday, December 10, 2013, 09:26

European aerospace giant EADS, the maker of Airbus aircraft, announced plans Monday to cut 5,800 jobs in its defence and space division over three years.

Boeing dominates Airbus with $101.5 bn orders at Dubai show

Last Updated: Wednesday, November 20, 2013, 19:41

More than $95 billion of the Boeing orders were for the 777X long-haul aircraft, making it the "largest product launch in commercial jetliner history by value", said the firm.