A Peacocks store in Cardiff

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.

An Airbus A380 aircraft

Airbus finds a fix for faulty wings

Aeroplane giant Airbus says it has found a fix for the problem it has had with the wings it makes at Broughton in Flintshire.

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High profile visit to highlight importance of manufacturing to Wales

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Airbus in Broughton employs over 6,000 workers Credit: PA Wire

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.

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Welsh Government Ministers welcome new contract secured by Airbus

Airbus has been given anchor company status by the Welsh Government in recognition of its strategic importance to the Welsh economy. Credit: ITV News Wales

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"

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Airbus deal to help protect 9,000 UK jobs

Airbus employs thousands of people in Wales Credit: Dave Thompson / PA Wire

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.

Long term fix found for faulty Airbus wings

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

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