AI REGULATION

Oct 16 2024BUSINESS

Airbus Trims Space and Defense Jobs to Stay Competitive

Airbus, a major player in the aerospace industry, has recently announced plans to cut up to 2,500 jobs in its Defense and Space division. This decision comes in response to a tough business environment, particularly in the satellite sector where they've faced significant losses. The European company

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Sep 11 2024TECHNOLOGY

The Uncertain Future of Open-Rotor Engine Technology: A Game-Changer or a Flash in the Pan?

Airbus CEO Guillaume Faury is cautiously optimistic about CFM's open-rotor engine technology, but is it enough to convince the industry? The innovative design features a massive 14-foot diameter fan, non-rotating variable-pitch stators, and the promise of improved fuel efficiency. But can it deli

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