Boeing job cuts hit airline industry

Airline carrier US airways announced 600 job cuts due to the economic crisis and today Boeing - the world's largest jet manufacturer - announced the company would be reduced by another 1000 jobs.

This is the latest job slashing session in the aerospace industry since companies hit hard times due to the recession.

National Aeronautic and Space Administration (NASA) also reported today it would cut 400 jobs starting in October 2009.

A spokesperson for United Space Alliance - NASA's contractor for the space shuttle, Jeff Carr, told CNN news most of the cuts will be volunteer space employees - mainly from Florida crews. But the notification about the job cuts was sent to all the workers at the Space Shuttle hub. Mr Carr also said United Space Alliance will be looking for new business in the space industry to compensate for these job losses.

But the news of 1000 job cuts at the giant aerospace company Boeing will most affect the entire industry.

According to a memo to employees management had to lose employees because the Pentagon was scrimping on its funding to the commercial airplane company. The cuts will be from its Integrated Defense Systems department. The company had already announced in January 10,000 cuts would be made overall this year. 

The aerospace industry has been battered this year by a number of job cuts across airlines, air carriers and airplane manufacturers.

In January United Airlines cut 1000 jobs to reduce overhead costs and earlier this month Virgin Atlantic announced 600 job cuts after reducing its winter capacity by seven per cent.  American Airlines announced 7000 job cuts by the end of the year last fortnight and UK airline company British Airways announced 500 job cuts in April.

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