SpeedNews

ACI

BARFIED (AFI KLM E&M) was selected by On Target Spray Systems, OR as distributor for its electrostatic cart for disinfecting aircraft interiors
Aerospace

AZUL expects to operate 303 peak daily departures by the end of August, representing about 35% of its pre-crisis total.
Air Transport

AIRBALTIC secured approval from European Commission for €250m equity investment from Latvian Govt to combat COVID-19.
Aerospace

UNITED completed 3.8b MileagePlus senior secured notes offering. MileagePlus subsidiaries also secured $3b term loan.
Air Transport

FASTJET, South Africa says without additional funding it will be forced to shut down at end of August; it has suspended operations through end of July
Air Transport

AIR FRANCE plans to reduce its workforce by 16% by end of 2022 as it is predicting it will not see the same level of activity as in 2019 before 2024
Air Transport

BOEING announced second round of layoffs affecting 1,030 employees, increasing total to 10,500.
Aerospace

MTU AERO ENGINES plans to reduce its workforce by 10-15% by end of 2021 as result of impact from COVID-19 pandemic.
Aerospace

ROLLS-ROYCE says it is in early stages of reviewing a range of potential options to strengthen its balance sheet and to position itself for post-COVID
Aerospace

ATR