Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense business issues, and is editor in chief of Aviation Week Executive Intelligence newsletters. Beyond reporting, Bruno helps organize related Aviation Week conferences, hosts podcasts and webinars, and speaks publicly as a subject matter expert on industry issues. Since joining Aviation Week in 2005, he has won several Jesse H. Neal and Aerospace Media awards. He has a master's degree from Syracuse University and a bachelor's from Vanderbilt University.
Boeing late July 21 announced after-tax charges totaling $2.1 billion, including $393 million on the U.S. Air Force KC-46 tanker and $847 million on the 787.
With its latest short-term extension of FAA reauthorization, lawmakers on Capitol Hill gave themselves more time to mull major changes to U.S. aviation policy, such as whether to outsource air traffic management. But too much time also could make things harder.
Sumitomo Mitsui Trust Bank (SuMi Trust), one of Japan’s well-known financial institutions, and Novus Aviation Capital, a global aircraft leasing platform, on July 20 announced the launch of the $200 million Ortus Aircraft Leasing Fund.