Tag: Airbus

BusinessManufacturingTechnology

Aviation Industry Scrambles to Fill 700,000 Technician Jobs

The aviation maintenance sector confronts an unprecedented workforce crisis with projections showing over 700,000 new technicians needed globally by 2040. Industry leaders gathered at MRO Europe to debate solutions ranging from internal academies to augmented reality training as traditional mentorship models strain under demand. The race is on to attract younger generations to a field where experienced workers are rapidly retiring.

The Scale of the Crisis

Aviation’s maintenance sector is staring down what industry analysts describe as a demographic time bomb. According to recent projections, manufacturers and airlines will need to find and train over 700,000 new technicians globally within the next two decades. Airbus reportedly forecasts demand for 705,000 technicians by 2040, while Boeing’s estimates run slightly higher at 710,000. Even more alarming: training company CAE suggests a staggering 83% of current maintenance staff will retire within the coming decade.

by Michael Turner
BusinessManufacturingTechnology

European Aerospace Giants Form Satellite Alliance to Challenge SpaceX Dominance

Three European defense and aerospace leaders have finalized an agreement to merge their satellite operations into a single joint venture. The consolidation aims to create a stronger European competitor in the rapidly evolving space industry against established players like SpaceX.

Major European Aerospace Consolidation

Three of Europe’s largest aerospace and defense companies have reached a preliminary agreement to combine their satellite operations, according to reports from the companies. Sources indicate that Airbus SE, Leonardo SpA, and Thales SA have sealed the long-awaited deal after months of three-way negotiations, creating what analysts suggest could become a significant European competitor in the global space market.

by Jessica Moore P.E.
AerospaceBusinessEurope

European Aerospace Giants Near Landmark Space Merger to Counter SpaceX Dominance

Three European aerospace leaders are finalizing a landmark merger of their space businesses to create a unified champion capable of competing with SpaceX. The combined entity would span 30 sites with 25,000 employees and €6.5 billion in annual revenue, according to reports.

European Space Consolidation Reaches Critical Phase

Europe’s aerospace industry is poised for a transformative consolidation as Airbus, Thales, and Leonardo near agreement on merging their space businesses, according to people familiar with the discussions. The landmark deal aims to create a unified European space champion capable of competing in a market increasingly dominated by Elon Musk’s SpaceX and its Starlink satellite network.

by Michael Turner
Assistive TechnologyBusiness

GE Aerospace Stock Soars 65%: Key Drivers Behind the Surge

GE Aerospace stock has reportedly surged over 65% between April and October 2025, according to financial analysis. Sources indicate the growth stems from aviation sector recovery and production challenges at competitors. Analysts suggest management confidence was demonstrated through expanded share repurchases and dividend increases.

GE Aerospace Stock Performance Highlights

GE Aerospace stock has reportedly surged approximately 65% between April 18, 2025, and October 15, 2025, according to analysis published by Forbes contributors. The substantial growth appears driven by multiple factors including improved operational performance and optimistic forward-looking statements from company leadership.

by Jessica Moore P.E.