Anticipated effects of the COVID-19 pandemic—including a smaller global fleet, near-term retirements of older aircraft and expected cost-cutting by airlines over the next several years—have led Boeing to cut 10%, or about $100 billion, out of its 20-year forecast for commercial aviation services spending.
Britten-Norman, Blue Bear Team On Automated Islander Tony Osborne, [email protected] LONDON–British aircraft OEM Britten-Norman and unmanned system technology company Blue Bear Systems Research have teamed up to automate Britten-Norman’s Islander twin-engine utility aircraft.
The FAA has extended slot rule waivers at three congested U.S. east coast airports through the end of March, in an effort to relieve airlines hard hit by the COVID-19 pandemic.
The world’s airlines stand to burn through $77 billion in the second half of 2020 and are not expected to become cash positive until 2022, IATA said Oct. 6 in a grim update on the financial outlook for the industry.
Two UK regional airlines have signed a codeshare agreement, taking another step to fill some of the gaping holes in the country’s domestic connectivity left by the collapse of Flybe in March.
Southwest Airlines will seek a round of pay cuts from its labor unions as part of a push to reduce costs enough to avoid involuntary furloughs through the end of 2021.
Boeing’s updated commercial forecast sees customers taking 11% fewer new deliveries in the next decade than it projected a year ago as the industry slowly emerges from the demand crisis created by the novel coronavirus pandemic.
South African Airways Technical (SAAT) has agreed to resume maintenance work for South African Airways (SAA) and its LCC operation Mango Airlines after suspending services because of non-payment.
KLM is looking for further voluntary redundancies after submitting a restructuring plan to the Dutch government, which was one of the requirements to access €3.4 billion ($4 billion) in state-backed loans and guarantees.
The Singaporean government is looking to focus on COVID-19 testing and unilaterally lifting borders restrictions for travelers coming from countries with low infection rates as “protective measures” to revive its air hub.
