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.
Avia Solutions Group—which is active in wet leasing, maintenance and training—has completed its acquisition of Iceland-headquartered cargo airline Bluebird Nordic for an undisclosed sum.
A 40% drop in global revenue passenger miles followed by a rapid snap-back and leveling out of 5% year-over-year growth starting in 2023 would cut near-term new-aircraft demand about 25% from pre-coronavirus pandemic estimates, Vertical Research Partners analysts conclude.
Italian aerospace and defense company Leonardo is providing Italian state authorities access to fixed-wing aircraft and helicopters that the company normally uses for flight trials as Italy fights to deal with the novel coronavirus pandemic.
The drastic reduction in commercial aviation caused by the COVID-19 pandemic has slashed the number of atmospheric data reports from aircraft in flight, which is impacting weather forecasts.
Russian airframer Irkut’s fourth MC-21-300 flight prototype has arrived at the Gromov Flight Research Institute in Zhukovsky, near Moscow, ahead of certification trials
Austrian aerospace parts and services provider FACC has said that a “large part” of its staff is expected to apply for “short-term work” starting Apr. 6 and that it will revise plans to ramp up a new Croatian factory while suspending its dividend payment to shareholders for 2019.
China will strengthen its air cargo industry under a new policy that includes encouraging mergers with logistics companies and expanding aircraft fleets.
Amid signs that Boeing is hoping to resume production of the 737 MAX in May the company says flight tests of the three current versions of the model, the -7, -8 and -9, are continuing despite the general shutdown of its Puget Sound facilities because of the coronavirus.
NASA has renamed its urban air mobility Grand Challenge the Advanced Air Mobility National Campaign, a seemingly simple name change that signals recognition that industry’s interest is in more than just downtown air transportation.
Regional turboprop manufacturer ATR, following a pause in its activities for four days last week, is resuming production at its Toulouse final assembly line.
Lufthansa Technik (LHT) is already seeing a massive impact from the COVID-19 crisis but cannot predict the extent of the damage to the global aviation industry.
After having been thought for a few days to be on a strong upward curve, demand for aircraft storage during the COVID-19 crisis is still unstable, according to specialist Tarmac Aerosave.
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.
