Space Industry and Business News  
AEROSPACE
Airbus hands employees extra 1,500 euros as inflation hits
by AFP Staff Writers
Paris (AFP) Oct 24, 2022

European aircraft maker Airbus announced Monday a one-off payment of 1,500 euros for all employees in its four founding nations -- UK, France, Germany, Spain -- as inflation hits.

"The Airbus Executive Committee has decided that an exceptional premium will be paid before the end of 2022 to all Airbus* employees," including senior management, the company said in a message to employees seen by AFP.

Outside of the four main Airbus countries, employees will receive a special premium, "calculated as a percentage of the average local base salary," the planemaker said.

At the end of last year, Airbus employed 126,000 people worldwide, including 46,000 in France and 43,000 in Germany

"The volatility, uncertainty, complexity and ambiguity that characterise our current environment have been further reinforced in recent months by the energy crisis and inflation," Airbus said in its message to employees.

"This phenomenon of widespread price rises is placing a heavy and direct financial burden on the economies of many countries and companies. This reality also applies to Airbus employees," it added.

mra/ys/pvh/cdw

AIRBUS GROUP


Related Links
Aerospace News at SpaceMart.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


AEROSPACE
Five Indian soldiers killed in chopper crash near China border
New Delhi (AFP) Oct 22, 2022
Five Indian army soldiers were killed when their helicopter crashed near the country's disputed border with China, the defence ministry said Saturday - the second such fatal accident in the region this month. The Advance Light Helicopter came down on Friday south of Tuting, a remote town near the Line of Actual Control which divides India's northeastern Arunachal Pradesh state from Chinese territory. Air traffic controllers had received a mayday call before the crash that suggested technical o ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

AEROSPACE
PickNik Robotics wins Space Force contract for on-orbit capture

US Space Command to Transfer Space Object Tracking to Department of Commerce

Relativity Space maps path to Terran production at scale with 3D printers

Scientists discover plastic-like material that conducts like metal

AEROSPACE
Rivada Space Networks signs MoU with SpeQtral to develop ultra-secure communications

Elon Musk says SpaceX can't continue to fund Starlink in Ukraine

SIMBA Chain awarded SpaceWERX Orbital Prime Contract

Viasat to sell its Link 16 Tactical Data Links business to L3Harris Technologies

AEROSPACE
AEROSPACE
ESA plans for low-orbiting navigation satellites

At Sandia Labs, a vision for navigating when GPS goes dark

Mexico denies Russia space deal will aid spying

Taoglas' multi-band GNSS front ends simplify and accelerate product development

AEROSPACE
Airbus hands employees extra 1,500 euros as inflation hits

Former US Marine who 'trained Chinese crew' to face Australian court

AIR lofts heavy payload balloon into near-space height

Seeing no China progress, Boeing eyes other prospective MAX buyers

AEROSPACE
Tech sector unwittingly aiding Russia: Dutch official

Germany reviewing possible Chinese takeover of chip factory

Advance brings quantum computing one step closer to implementation

US hits network that smuggled chips to Russian arms makers

AEROSPACE
'Earth is in our hands': Astronaut Pesquet's plea for the planet

Give climate some MAGIC

NASA, NOAA scientists: Earth's ozone hole slightly smaller

Record rise in climate-warming methane in 2021: UN

AEROSPACE
Air pollution 'silent killer' in African cities: study

EU aims for 'zero pollution' in air and water

Post-Diwali Delhi wakes to toxic firecracker smog

Study finds evidence that fuel regulation reduced air pollution from shipping









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.