Austrian aerospace parts and services provider FACC has said that a “large part” of its staff is expected to apply for “short-term work” starting Apr. 6 and that it will revise plans to ramp up a new Croatian factory while suspending its dividend payment to shareholders for 2019.
Aftermarket services specialist AAR Corp. is bracing for a drop in demand for maintenance as airlines scale back to cope with reduced flying amid the coronavirus pandemic, but is already seeing a rebound in markets that are now in recovery mode.
China will strengthen its air cargo industry under a new policy that includes encouraging mergers with logistics companies and expanding aircraft fleets.
United Arab Emirates (UAE) commercial passenger flights are now suspended until 11:59 p.m. local time Apr. 7, after the government accelerated its previously announced flight lockdown.
South Africa announced a 21-day nationwide lockdown aimed at combating the spread of COVID-19, triggering the suspension of operations by the country’s airlines.
Air Canada and its pilots have agreed to cost-cutting moves that include reduced pay, modified retirement terms and up to 600 layoffs, the Air Canada Pilots Association said.
U.S. Senators and the Trump Administration reached a preliminary accord that would send U.S. carriers $61 billion in grants and loans to survive an extended period of anemic air travel demand caused by the COVID-19 pandemic.
Amid signs that Boeing is hoping to resume production of the 737 MAX in May the company says flight tests of the three current versions of the model, the -7, -8 and -9, are continuing despite the general shutdown of its Puget Sound facilities because of the coronavirus.
The UK government has effectively told the country’s airlines they must exhaust all avenues to shore up their cash reserves and protect their liquidity before turning to the country’s treasury for assistance.
IATA has called on governments to help ensure air cargo supply lines stay open to allow them to help contain the spread of the coronavirus, saying bureaucratic procedures need to be streamlined to avoid unnecessary delays.
NASA has renamed its urban air mobility Grand Challenge the Advanced Air Mobility National Campaign, a seemingly simple name change that signals recognition that industry’s interest is in more than just downtown air transportation.
Regional turboprop manufacturer ATR, following a pause in its activities for four days last week, is resuming production at its Toulouse final assembly line.
Lufthansa Technik (LHT) is already seeing a massive impact from the COVID-19 crisis but cannot predict the extent of the damage to the global aviation industry.
Bogota-based Avianca announced it will temporarily cease all passenger flying, as a cascading series of travel restrictions across Latin America forces carriers to halt operations or scale back to skeletal levels.
