Howmet Aerospace has eight mostly smaller manufacturing plants that are closed because of the coronavirus, the company’s chief executive said late April 14, and more were shuttered in March when the Pittsburgh-based supplier was still part of Arconic.
Spirit AeroSystems—the primary supplier to Boeing including for much of the 737 MAX and which does substantial defense industry work—warned Wall Street on April 14 it will record a roughly $160 million loss for the recently ended first quarter of 2020, as well as a pretax loss of around $102 million.
The latest version of the Boeing 737 MAX master minimum equipment list (MMEL) corrects a conflict between the original MMEL’s allowances and pilot troubleshooting steps that allowed flights with no functioning autopilot, even as a checklist calls for autopilot engagement to correct flight-control issue.
Updated Boeing commercial airliner figures for 2020 through March reveal dramatic order cancellations and reduced deliveries as the air transport market continues to nosedive in the wake of the coronavirus pandemic.
Intuitive Machines has selected the planned date and landing site for its first mission to the Moon’s surface under its NASA Commercial Lunar Payload Services agreement.
Mitsubishi Aircraft is maintaining flight testing of a SpaceJet prototype at its Nagoya, Japan headquarters as pandemic-control measures prevent activity at its U.S. test base.
The International Air Transport Association (IATA) has released updated analysis showing that the COVID-19 crisis will see airline passenger revenues drop by $314 billion in 2020, a 55% decline compared to 2019.
Citing the bankruptcy of the OneWeb satellite communications company, the U.S. government should consider adding $2.5 billion in funding for space programs, along with multiple policy proposals to maintain the military space industrial base and U.S. strategic dominance in the domain in the face of threats posed by the COVID-19 pandemic, an industry trade group recommends.
CPI Aerostructures announced April 13 that it closed on a $4.8 million loan under the Payroll Protection Program (PPP) as part of the new Coronavirus Aid, Relief, and Economic Security (CARES) Act in the U.S.
