Virgin Group founder Richard Branson has rejected media reports that he plans to sell UK long-haul carrier Virgin Atlantic, but the search for further investment continues.

While demand for business and military MRO remains strong, commercial and component MRO are seeing major disruptions.

Airbus CEO Guillaume Faury gave a dramatic warning to employees that heralds potentially deeper production cuts than initially planned.

The British government has approved trials to use a fixed-wing UAV to fly medical supplies from the UK mainland to the Isle of Wight.

The Dutch government plans to provide €2-4 billion ($2.2-4.4 billion) in COVID-19 crisis-related financial assistance to KLM, following on France’s pledged €7 billion to help Air France and the Air France-KLM group.

The ULCC has 63 aircraft in long-term storage.

Norwegian Air Shuttle said it expects to remain grounded until April 2021 as it set out a debt-for-equity conversion plan to avoid running out of cash by mid-May.

MOSCOW—Irkut Corporation has resumed the flight trials of its new MC-21 narrowbody aircraft in Zhukovsky, near Moscow. The flights were suspended on…