Aerospace

AJW GROUP acquired a CFM56-5B4 for part out; parts will be stored in UK.

PLATAINE, Israel was selected by Canada's STELIA North America to provide its IIoT solution to digitize and streamline it manufacturing processes.

BOMBARDIER is suspending non-essential work/business jet production at most Canadian-based operations through April 26.

FAI rent-a-jet AG, Germany’s Air Ambulance Specialist and Special Mission Operator has been working 24/7 to help evacuate those in need following unprecedented demand from the spread of coronavirus.

Astral Aviation has said it will continue to operate freighter throughout the current crisis.

As we face a wall of blanket travel bans, why emergency flights must be allowed to go ahead to help combat the COVID-19 crisis, by By Mark Briffa, CEO of Air Partner plc

Fast-track propulsion-system test program puts hypersonic developer on course for key mode transition demonstration later this year.

BOEING is shutting down production in Puget Sound region for 14 days starting March 25 due to COVID-19.

GE AVIATION plans to reduce its US workforce by 10% and furlough about 50% of its MRO employees for 90 days as part of plan, that includes its CEO

In a bid to slow the spread of the coronavirus Boeing is temporarily suspending production across its Puget Sound sites for 14 days starting Mar. 25.

ePLANE secured $9m equity infusion from MARUBENI CORPORATION and current investors to fund growth of its online aircraft parts marketing platform.

French unions have reacted negatively—or, at best, cautiously—to Airbus’ Mar. 23 announcement it is partially resuming production in the country, amidst an unprecedented crisis caused by the COVID-19 pandemic.

AIRBUS is partially resuming production and assembly work in France and Spain. It also secured new €15b credit facility (in addition to existing €3b

German engine manufacturer MTU Aero Engines is suspending engine and components manufacturing, followed by a scale-down of its maintenance, repair and overhaul (MRO) facilities amid the COVID-19 crisis.

EMBRAER is placing employees who cannot perform job activities remotely on temporary paid leave until March 31, 2020.

MTU AERO ENGINES is suspending large proportion of operations across several facilities in Europe, including engine production in Munich and Rzeszów

British scientists and academics are studying the potential use of diamond batteries to provide long-lasting energy resources that could power small satellites and sensors.

AIRBUS has withdrawn its 2020 delivery guidance of 880 aircraft due to current volitility; it delivered 86 in January/February.

BOEING says its CEO, Dave Calhoun, and Chairman, Larry Kellner, will forgo all pay until end 2020. It is also suspending dividends and extending pause

KYMERA INTERNATIONAL (owned by affiliates of Palladium Equity Partners), NC completed acquisiton of READING ALLOYS, PA (supplies master alloys

Nikki R. Haley has resigned from Board of Directors of Boeing over disagreement over company's pursuit of US Govt stimulus/bailout.

Airbus has announced measures to bolster its liquidity and balance sheet in response to the COVID-19 pandemic as it continues to assess the ongoing situation and the impact on its business, customers, suppliers and the industry as a whole.

Airbus is faced with an avalanche of requests for delivery deferrals and is preparing for substantial production cuts as many of its customers struggle with the impact of COVID-19 coronavirus on air transport.

ThereCraft cargo UAV; Aeronomie models electrification; TsAGI refines flying wing; EHang teams with Seville; Urban partners with Ascent.

IATA wants $200 billion of state aid for airlines to survive. Those that do will be in a very different industry, with fewer players.