CPI Aerostructures has secured a $4.8 million loan under the Payroll Protection Program contained within the federal Coronavirus Aid, Relief and Economic Security Act (CARES).
Trenchard Aviation Group is supplying catering equipment and unit load-device aircraft containers to AirTanker for repatriation flights to bring UK citizens home during the COVID-19 pandemic.
Safe Flight Instrument Corp. has developed a 3D-printed four-way ventilator splitter. In response to medical professionals’ need for additional ventilator capacity, the company designed a Quad/Vent Splitter.
Students at Embry-Riddle Aeronautical University campuses in Daytona Beach, Florida, and Prescott, Arizona, are making medical masks and face shields to help protect healthcare workers against the coronavirus outbreak.
Once COVID-19 infection and death rates decline and governments ease restrictions on movements, some experts are concerned that difficulties may arise at airports that specialize in business aircraft traffic.
More than a dozen companies and government agencies are seeking to use drones in ways that are beyond what is currently allowed by FAA regulations to respond to the COVID-19 pandemic, the agency said April 15.
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.