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.
Major aviation training and simulator provider CAE said it is temporarily laying off at least 465 staff starting March 27 and cutting staff manager salaries in the wake of the COVID-19 crisis.
With the defense industrial base formally declared "critical infrastructure," the Defense Department is emphasizing the supply chain's "special responsibility" to maintain schedules.
U.S. defense primes are increasingly securing billion-dollar sums of new debt financing as companies large and small manage a liquidity crisis stemming from the COVID-19 virus and the collapse of air travel.
