Coronavirus

Although Cebu Pacific suffered substantial losses in the first half of 2020, the Philippine LCC predicts it will be able to secure enough extra funding to weather the COVID-19 crisis.

What makes the ongoing aerospace workforce cuts so tragic is that up until the start of this year, the aircraft manufacturing and MRO sectors were desperate to hire more workers–and in three to five years, they might be again, albeit probably not at the same pre-pandemic levels.

TUI secured €1.2b stabilization package from KfW, which includes extending existing credit line by €1.05b and issuing a Convertible Bond in the amount

CHORUS AVIATION had C$29.2m net income in 2Q20 (vs C$38.9m in 2Q19) on 44.6% lower revenues; it owns 59 aircraft. It ended June with C$38.4m in lease

As the outlook for corporate and international travel remains weak, United Airlines is hoping that the coronavirus pandemic will not dampen demand for warm weather leisure destinations in the U.S. this winter.

NASA’s Osiris-Rex sample return mission spacecraft is on a path to execute a brief landing on the rocky surface of the asteroid Bennu on Oct. 20 following a successful second rehearsal of the steps necessary to execute the descent and ascent earlier this week, according to the mission team.

Wheels Up has formed a new business division called Wheels Up Aircraft Sales, offering aircraft brokerage, acquisition, trade and advisory services.

For long-haul low-cost carriers, a subset of the airline industry that always has had its doubters, the COVID-19 crisis and the profound ways in which

As public companies reported their latest quarterly results, one segment stood out for its near-universal positivity: space.

Emerging technologies may be key in rebuilding a robust MRO workforce during industry recovery.

EasyJet, Ryanair and Southwest are the only three airlines that retain investment-grade ratings from S&P Global Ratings, after the credit rating

NORDICA has EC approval for €30m Estonian State aid comprising €22m share capital increase/€8m subsidized interest loan.

Many British Airways (BA) staff are receiving letters this week informing whether they will lose their jobs as the carrier cuts its workforce in the wake of the COVID-19 pandemic.

CFM Leap 1B-related restrictions likely first in a series of mandates to ensure product is not used on aircraft engines.

American Airlines became the latest U.S. carrier to disallow passengers from wearing masks with exhaust valves on its flights, aligning its face covering policy with most other major U.S. airlines.

AVATION repurchased/cancelled US$1.6m in senior notes due 2021 (at 71% of face value), leaving US$344m outstanding.

GA TELESIS ENGINE SERVICES launched new remote table inspection solution for engine parts and began developing new system where customer remotely

Domestic passenger traffic in Norway is recovering steadily from the depths of the COVID-19 pandemic, although international travel remains a shadow of its former self.

S&P GLOBAL updated its global air passenger traffic forecasts and now expects traffic (vs 2019) to fall 60-70% in 2020, which is weaker than the 50-55

During the first six months of 2020, business and general aviation avionics sales declined 23.6% from the same time a year ago due to the impact of the COVID-19 pandemic, reversing three consecutive years of growth, the Aircraft Electronics Association says.

Chinese domestic airline activity has virtually recovered to its 2019 level as airlines have laid on more capacity than is profitable, apparently to promote a revival in tourism and business travel.