The Trump Administration has asked Congress for an additional $250 billion in small-business payroll loan funding, providing more cash to the coronavirus pandemic emergency funding program that many small aerospace suppliers are expected to tap.
The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis, of which, 2.0 million jobs are at risk in Africa.
Airbus decided April 6 to suspend production and aircraft at some of its facilities, most importantly the A220 and A320 final assembly line in Mobile, Alabama.
Airbus continues to purchase and supply millions of face masks from China, the large majority of which will be donated to governments of the Airbus home countries, namely France, Germany, Spain and the UK.
The International Air Transport Association (IATA) has announced the postponement of the 76th Annual General Meeting (AGM) and World Air Transport Summit. The event had been scheduled to take place on 22-23 June in Amsterdam.
South African state-owned aerospace and military technology conglomerate Denel is mobilising its resources and expertise towards a priority project for the local design and development of medical ventilators in support of the national response to the Covid-19 pandemic.
Boeing’s suspension of aircraft production at its major Puget Sound and Moses Lake, Washington, campuses has been extended “until further notice,” the OEM said April 5.
Gulf Air in coordination with a number of Bahraini enterprises specialising in medical supplies, has assisted in the importation of nine tons of medical items needed to mitigate the spread of the COVID-19, as well as general medications, medical equipment and hygienic products.
Emirates SkyCargo has announced that that will be launching four weekly cargo services to New Zealand from 3rd May 2020 to help connect businesses in the country to key trading partners across the globe.
