French commercial engine manufacturer Safran announced plans on Jan. 2 to hire 12,000 people worldwide this year to rebuild its capacity, after it cut 20,000 jobs and closed seven sites over 18 months due to the global pandemic. 3,000 of these new jobs will be in France. Safran is the world’s third-largest aerospace contractor with…
Commercial Aircraft Engine Maker Safran to Hire 12,000 in 2022 As Airline Industry Recovers
Ukraine to Return Ownership of Jet Engine Maker From Chinese Investors
March 19, 2021
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The Ukrainian government announced it will return ownership of an aircraft engine manufacturer from Chinese investors last week, ruling out the possibility of it falling into the power of the Chinese Communist Party (CCP). Motor Sich, one of the top jet engine makers worldwide, is a Ukrainian privately-owned company based in Zaporizhia, although being majority-owned…
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