Airbus is to continue investing in urban air mobility despite shutting down Voom, its on-demand helicopter booking service, citing the impact of the novel coronavirus crisis.
Air navigation service providers (ANSPs), particularly those that are privately owned, are taking tough steps to ensure they can survive the slump in air traffic caused by the coronavirus crisis.
Astronics, the already embattled provider of aircraft seat technology and other interior products, is “adjusting its workforce” to align with a dropoff in demand due to the coronavirus and sudden economic slowdown.