Troubled Hainan Airlines managed to get back into the black for fiscal 2019, posting a net profit of CNY543 million ($77 million) as it was kept afloat by a series of asset disposals.

With much of the world’s aircraft fleet grounded, MRO providers seek new sources of work.

The FAA has fast-tracked guidance on technology such as cameras and video conferencing for a range of required tasks.

Both Boeing and Airbus are looking at what they can do to survive COVID-19’s impact, but it may also affect future airliner development.

Boeing’s 777X test program is set to accelerate with the addition of a second 777-9 flight test aircraft, WH002, which made its first flight from the…

Sales of the MRO arm, its frequent flyer programme and its in-flight catering service could net the flag carrier around $2.4 billion.

NetJets has cut a quarter of its staff at two divisions and revised downward the number of aircraft it plans to accept in 2020 as the company restructures its business in response to the COVID-19 crisis. 

Textron Aviation posted a drop in deliveries, profit and revenue during the first quarter of 2020 as deliveries were delayed and demand declined due to the COVID-19 pandemic and a December plant accident that disrupted composite production.