Rarely are there new ideas in Washington, just new conditions for trying old tricks—and one of the latest is a proposal for the federal government to induce new-aircraft manufacturing in the wake of COVID-19’s devastation throughout aviation.
Three lessors—AerCap, Avolon and Dubai Aerospace Enterprise (DAE)—have released 2020 first quarter (Q1) financial results, revealing the initial impact of the COVID-19 crisis.
While Hawaiian Airlines plans to delay its Boeing 787 orders due to the COVID-19 crisis, the airline does not expect to have to reduce its current fleet in the medium term.
The Pentagon has awarded 3M a $126 million contract to increase production to 26 million N95 masks per month beginning in October as the novel coronavirus spreads.
As the business aviation sector works to bounce back when COVID-19 travel restrictions begin to lift, in Britain, the industry has a significant additional hurdle to overcome.
The FAA has named eight companies that will assist the agency in establishing technology requirements for suppliers of remote identification services for small unmanned aircraft systems (UAS).
Howmet Aerospace, one of the few providers of aerospace forgings, castings and other key aircraft ingredients, still expects to leverage price gains out of embattled aviation OEMs in new long-term agreements (LTAs) even as COVID-19 upends commercial air travel nearer term.
South Africa’s Comair Group, which operates LCC kulula.com and franchise flights for British Airways, has entered business rescue after learning that South African flight groundings may continue until November.
Eyeing a new era of airport security that promotes touchless screening and healthier travel, U.S. government services giant Leidos has closed its roughly $1 billion acquisition of L3Harris Technologies’ Security Detection and Automation businesses and Leidos leaders see growth potential in a post-coronavirus world.
Icelandair is planning a new share issuance to boost its liquidity and ensure connectivity to the Northern Atlantic island, while discussions are ongoing regarding a possible government-backed credit line.