2012 review: A year in Welsh business
Our Business Correspondent looks at 12 months that began with the collapse of a Welsh retailer, but end with signs of confidence returning.
Our Business Correspondent looks at 12 months that began with the collapse of a Welsh retailer, but end with signs of confidence returning.
The company have announced a new order for 100 more A320 family aircraft.
Aeroplane giant Airbus says it has found a fix for the problem it has had with the wings it makes at Broughton in Flintshire.
The Secretary of State for Wales, David Jones, will tour the wing assembly plant at Airbus and meet the graduates and employees taking part in one of the UK's largest apprenticeship programmes.
He'll go on to visit JCB Transmissions in Wrexham where the focus will be on the contribution the site makes to the research, development and manufacturing of JCB products worldwide.
Aircraft maker Airbus has announced a firm order for 10 A350 extra wide body jets. The firm employs thousands of workers at its site in Broughton in north Wales. Transportation finance firm CIT is buying the aircraft.
Our Business Correspondent looks at 12 months that began with the collapse of a Welsh retailer, but end with signs of confidence returning.
Read the full storyPrime Minister David Cameron has visited the Airbus factory in Flintshire celebrating a new order which will safeguard 1500 jobs at Broughton, and an estimated 9000 across the UK in the company and its supply chain.
Our Business Correspondent Carole Green reports.
Welsh Secretary, David Jones MP says Airbus can compete with the rest of the world and beat them.
First Minister Carwyn Jones and Business Minister Edwina Hart have welcomed the announcement by Airbus today that it has secured a $9bn (£5.5bn) order for 100 A320 planes from AirAsia.
The wings for the A320 series are made at the company’s Broughton facility in Flintshire and AirAsias's order for 64 of the A320neo and 36 of the A320ceo aircraft will safeguard 1,500 Airbus jobs in the UK and 7,500 in its supply chain.
First Minister Carwyn Jones said:
"This is excellent news and another important boost for the Airbus Broughton facility...I would like to congratulate Airbus on securing this significant contract that will safeguard hundreds of well paid high quality jobs in North Wales.”
Business Minister Edwina Hart said:
"This is another vote of confidence in the skilled workforce at Broughton and great news for Wales... Wales makes a significant contribution to the UK aerospace industry and punches well above its weight"
Prime Minister David Cameron joined the airline's founder during a visit to the Airbus factory in Broughton, North Wales, where the order of 100 aircraft, which is said will help sustain 9,000 jobs, was announced.
The company have announced a new order for 100 more A320 family aircraft.
Read the full story
Aircraft maker Airbus is due to announce a major deal that will help protect 1,500 UK jobs within the company.
Airbus employs around 6,000 people at its Broughton plant in Flintshire.
The deal is also expected to protect a further 7,500 jobs in the UK supply chain.
It's another boost for the UK job market following yesterday's news of the biggest quarterly fall in unemployment for over a decade.
Aviation giant Airbus says it has found a long term fix for faults in some of its super jumbo wings made in Flintshire.
Small cracks were discovered and temporary repairs made.
Safety experts and the company itself say there was never any risk to passengers.
Our Business Correspondent Carole Green reports from the company's headquarters in Toulouse