SpeedNews

TRU

TRU (Textron) is suspending production of commercial air transport simulators and ceasing manufacturing in Montreal. It will continue to support
Aerospace

ALASKA AIR GROUP expects year-over-year revenue to be down 80% in June after declines of 87% in April and 83% in May. Its monthly cash burn rate has
Air Transport

ALASKA AIRLINES has deferred delivery of seven 737 MAX 9s to 2021. It still expects to take delivery of three in 2H20.
Air Transport

DELTA AIR LINES plans June 25 to restart twice-weekly Seattle-Seoul-Shanghai Pudong (A350).
Air Transport

KLM

KLM plans to operate 5,000 European flights in July and 11,000 in August; it will operate about 1,900 intercontinental flights in July and 2,100 in
Air Transport

UMLAUT, Germany has developed X-Lite Freighter solution comprising cabin-cargo-trolley that can be boarded through pax door and locked into seat track
Aerospace

CARGOJET secured agreement with syndicate of underwriters to purchase C$100m of senior unsecured hybrid debentures.
Air Transport