The satellite operator Intelsat announced May 13 that it has declared Chapter 11 bankruptcy as part of a financial restructuring to free up liquidity and continue operations while it awaits repayment from the government from an auction of C-band spectrum.
The COVID-19 pandemic may create momentum in the light business jet segment should it lead to what some expect will be an increase in passengers turning to private aviation.
Worldwide business aviation activity fell 58% in the first two weeks of May compared to a year ago, an improvement from the 70% drop in traffic in April, according to WingX Advance.
The UK has launched the second phase of a £300 million ($366 million) challenge to develop a novel aviation system enabling safe operation of new types of aircraft including delivery drones, urban air taxis and electric regional aircraft.
House Republicans have stepped up a campaign spearheaded by U.S. Rep. Matt Gaetz (R-Fla.) to ground the drones that Chinese manufacturer DJI has loaned or donated to local police departments to support their response to the COVID-19 pandemic.
A team of Turkish engineers is proposing a family of hydrogen fuel cell-powered electric vertical takeoff and landing aircraft for package delivery, as well as for personal and regional air mobility.
Loon has signed a deal with African telecommunications provider Vodacom under which the Alphabet company will provide internet service to remote parts of Mozambique using its stratospheric balloons.
As many as a fifth of lower-tier suppliers in aerospace and defense could exit the sector over the next 18 months as COVID-19 disrupts the commercial aviation market and hurts the defense industrial base, seasoned supply chain experts have told Aviation Week.