A technician works on a helicopter component in the fabrication and assembly room of the Airbus Helicopters Canada facility in Fort Erie, Ontario, Canada. Earnings from ‘chopper’ arm fell 17% in first nine months Airbus Group SE announced the first of what may prove to be thousands of job cuts across its business, saying it will eliminate almost 582 posts at its helicopter arm following a slump in demand from the oil and gas industry and a fatal crash that grounded one of its most popular models. The cuts will come at the main Airbus Helicopters base in Marignane, near Marseille, which has an 8,944-strong workforce, and La Courneuve, on the outskirts of Paris, which employs 750 people, and amount to about 6 percent of the unit’s French payroll. The division has about 23,000 staff worldwide. The loss of an H225 Super Puma in the North Sea on April […]