SpeedNews

AIRBUS has contract for the development, supply and integration of 115 Eurofighter ESCAN Radars for the German and Spanish Eurofighter fleets for
Defense

MECAER AMERICA, Montreal was selected by Bell Textron to develop/manufacture fully retractable, tail dragger landing gear system for Bell 360 Invictus
Defense

MOROCCO ordered 24 new Boeing-built AH-64 Apache helicopters for delivery starting in 2024.
Defense

EASYJET completed sale/leaseback of six A320neos with SMBC Aviation Capital.
Air Transport

KLM

KLM secured €3.4b financing package from Dutch state/banks to weather COVID-19 crisis.
Air Transport

KONGSBERG DEFENCE & AEROSPACE was selected by Boeing to provide sustainment and maintenance engineering for five P-8As on order by Norway; agreement
Defense

AIR FRANCE plans June 26 to make final flight of its A380 fleet, undergoing early retirement due to COVID-19 crisis.
Air Transport

AVTECH SWEDEN extended its NowCast Descent service agreement with Southwest through June 2021; pricing model was changed from a fixed price to a per
Aerospace

AAPA estimates year-over-year member airline traffic dropped 97.3% to 3.1b RPKs in May on 92.5% lower capacity; PLF was 28.4%
Air Transport

SWISSPORT INTERNATIONAL plans to cut 4,000 jobs in the UK/Ireland due to depressed demand for air travel from COVID-19; revenues have dropped 75%.
Aerospace

SWISSPORT BELGIUM (Swissport International) filed for bankruptcy alongside Swissport Belgium Cleaning; it provides ground services at Brussels airport
Aerospace

JETSTAR ASIA, Singapore is reducing its workforce by 26% and removing five of its 18 A320s from fleet due to COVID-19.
Air Transport