Latest COVID-19 News and Analysis
Mar 30, 2020
Complying with COVID-19 safety guidelines, the House Armed Services Committee is delaying its previously scheduled markup of the fiscal 2021 defense authorization bill.
Mar 30, 2020
A 40% drop in global revenue passenger miles followed by a rapid snap-back and leveling out of 5% year-over-year growth starting in 2023 would cut near-term new-aircraft demand about 25% from pre-coronavirus pandemic estimates, Vertical Research Partners analysts conclude.
Mar 30, 2020
Aeroflot LCC subsidiary Pobeda Airlines is suspending all flights from Apr. 1 until May 31, following the Russian government’s recommendation for the country’s resorts to halt operations to combat the spread of COVID-19.
Mar 30, 2020
Vietnam Airlines is cutting its domestic network to a handful of flights on trunk routes in response to tighter government restrictions in response to the COVID-19 pandemic.
Mar 30, 2020
OneWeb, a connectivity provider that was targeting commercial aviation, has filed for Chapter 11 and is seeking a buyer after investment negotiations fell through because of the COVID-19 crisis.
Mar 30, 2020
OneWeb Satellites said March 30 it is temporarily furloughing an undisclosed number of employees at its Titusville, Florida, manufacturing facility, citing slowing supply chains and travel disruptions due to the spread of COVID-19.
Mar 30, 2020
The U.S. Defense Logistics Agency modified an existing contract to purchase 8,000 ventilators from four companies pegged at $84 million as part of the Pentagon’s response to combat the novel coronavirus.
Mar 30, 2020
Airbus is pausing production in Spain as Madrid introduces more restrictive lockdown measures to battle the novel coronavirus pandemic.