Qantas Airways has unveiled a three-year strategy to prepare for a slow airline industry recovery, including cutting 6,000 workers, storing or retiring larger widebody airliners, and raising A$1.9 billion ($1.3 billion) in new equity to fund its plans.
PTC says digital trends such as augmented reality, Internet of Things and predictive data analytics have become even more valuable during the novel coronavirus pandemic.
The MRO has signed a new line maintenance contract with Air Wisconsin Airlines and is adding technicians and facilities to support growing freighter operations across the U.S.