Textron plans to lay off nearly 2,000 employees at its TRU Simulation + Training, Textron Aviation and Industrial divisions to cut operating expenses as it restructures in response to challenges from the COVID-19 pandemic, the company said in a Securities & Exchange filing June 18.
JetBlue Airways will add 30 routes to its domestic network over the next few months in a bid to capitalize on a modest expected upswing in leisure travel demand.
Qatar Airways Group CEO Akbar Al Baker has told both Airbus and Boeing the carrier will not be taking any aircraft this year or next due to the COVID-19 pandemic, according to UK-based Sky News.
JetBlue Airways will add 30 routes to its domestic network over the next few months in a bid to capitalize on a modest expected upswing in leisure travel demand.
The impact of the COVID-19 pandemic and shutdown of air traffic on European aviation has worsened in recent weeks, IATA warned, as it called for a coordinated restart of air travel through border openings and continued financial and regulatory support.
Canadian ULCC Swoop has issued a request for proposals (RFP) on Route Exchange seeking new airport partners in North America, Central America and the Caribbean.
Japanese LCC Peach is poised to become the latest airline to resume flying its full domestic network, and it has set a target date to restore all frequencies on these routes.
FAA Administrator Steve Dickson said that the agency is working with the Centers for Disease Control and Prevention (CDC) “and others” to have a set of recommendations for U.S. travel.
The FAA is investigating low-flying military helicopter operations in restricted airspace and over protesters on Washington, D.C., streets on June 1, but its work will be limited to providing findings to the other agencies involved.
The United Arab Emirates (UAE) will start to allow both Emirati nationals and foreign residents to travel abroad starting June 23, in a move that will help restart business for the country’s airports and airlines.
LATAM Airlines Group announced June 17 its Argentinian subsidiary will cease operations indefinitely, as the bankrupt parent company looks to rid itself of loss-making assets.
The FAA plans to restart its effort to mandate safety management systems (SMS) for manufacturers “shortly,” Administrator Steve Dickson said, calling the move “the biggest thing we can do” to improve how the agency oversees product certification.
Usually when a recession hits, secondary business priorities get pushed aside. Investments typically fall into that category, and venture capital (VC) experiments—a hard sell to corporate CFOs in a good time—appear all but doomed.
A U.S. startup that is working with Boom Supersonic to develop a carbon-neutral fuel for future high-speed airliners has received an investment from the venture-capital arm of carmaker BMW.
Icelandair says plans for a financial restructuring are proceeding, but the scheduled conclusion of the deal has been postponed until June 29. The carrier said the lack of progress of talks with one of its unions is a matter of concern.
