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.
Leaders of TransDigm Group, a key provider of niche aerospace and defense parts, said on May 5 they will lay off up to 25% of their workforce and take other actions as the company conserves cash to ride out the collapse in commercial air travel due to the COVID-19 pandemic.
L3Harris Technologies’ turn toward simulation and training serving commercial air travel is coming back to haunt it as the company now forecasts lower organic revenue and earnings per shares (EPS) for 2020 due to a COVID-19 falloff.
Landing gear specialist Héroux-Devtek of Canada said May 5 it will cut its workforce 10% or 225 employees, most in Quebec, and close its Alta Precision plant in Montreal due to the fallout from the Covid-19 pandemic.