Marketplace

By Molly McMillin
Aviation service provider Signature Aviation has seen a material decline in flight activity across its network in recent days, with activity down 65% per day as customers observe temporary stay-at-home orders.
Marketplace

By Molly McMillin
Embraer is resuming essential operations in Brazil, such as customer support, aircraft maintenance and manufacturing, following a temporary shutdown because of the spread of the coronavirus causing COVID-19, the company said.
Business Aviation

By Molly McMillin
Piper Aircraft, based in Vero Beach, Florida, has set up a small assembly line to manufacture thousands of plastic medical protective face shields for area hospitals during the novel coronavirus pandemic.
Business Aviation

By Tony Osborne
Airbus is pausing production in Spain as Madrid introduces more restrictive lockdown measures to battle the novel coronavirus pandemic.
Supply Chain

By Thierry Dubois
Safran is facing a drop in production capacity as it struggles to keep factories operating despite the combination of logistics and human resources problems due to the COVID-19 pandemic.
Marketplace

By Tony Osborne
Lynn Tilton has stepped down as CEO of MD Helicopters (MDH) after bankruptcy judges ordered her to sell companies to repay collateralized loan obligations worth nearly $2 billion.
Budget, Policy & Operations

By Molly McMillin
Embraer Executive Jets has received type certification for its Phenom 300E light jet from the National Civil Aviation Agency of Brazil (ANAC), the European Union Aviation Safety Agency (EASA) and the FAA, the company announced March 27.
Marketplace

By Tony Osborne
Aero-engine manufacturer Rolls-Royce is pausing engineering and production operations at its UK facilities as it works to mitigate the challenges posed by the COVID-19 pandemic.
Safety, Ops & Regulation

By Molly McMillin, Ben Goldstein
The U.S. House approved a $2 trillion coronavirus stimulus package March 27 which includes aid for general aviation as it grapples with the COVID-19 pandemic.
Marketplace

By Molly McMillin
Embraer said it expects a further delay in the closure of a deal for Boeing to purchase its commercial aircraft business as it recorded a strong year in its executive jet division in 2019.
Marketplace

By Steve Trimble
Brazil’s Embraer is analyzing how to start manufacturing ventilators and respirators, replacing components in imported ventilators, and developing
Manufacturing & Supply Chain

By Kirby Harrison
Global aircraft services provider Lufthansa Technik recorded continued growth in 2019, with record revenue and earnings.
Marketplace

By Molly McMillin
Business aviation dealers bought or sold 54 preowned aircraft in the 18 days from March 2 to March 20 despite an upheaval in health care, travel and the economy, according to the International Aircraft Dealers Association (IADA).
Marketplace

By Molly McMillin
The COVID-19 pandemic could impact Bombardier’s business jet deliveries and the planned divestitures of its CRJ aircraft business and rail division, analysts say.
Marketplace

By Molly McMillin
Waco Aircraft and Centennial Aircraft Services will close from March 24 until April 13 because of a stay-at-home order in Michigan aimed at containing the spread of the coronavirus.
Marketplace

By Tony Osborne
Bombardier has suspended work at its Belfast, Northern Ireland facility, pausing work until April 20.
Marketplace

By Michael Bruno
EPlane, an electronic marketplace startup for aviation aftermarket parts and MRO, announced March 24 that it landed $9 million in new funding from Japanese conglomerate Marubeni Corp.
Workforce & Training

By Michael Bruno
Following a warning last week of coming cutbacks—and on the heels of previously announced cost-saving goals months ago before the COVID-19 pandemic—major Tier 2 provider Triumph Group on March 24 said it will eliminate 500 staff and contractor jobs by May 1.
Marketplace

By Molly McMillin
Piaggio Aerospace has extended the deadline for potential buyers to submit expressions of interest in the business from April 3 to May 4 because of the ongoing emergency caused by the spread of the virus that causes COVID-19, it said.
Business Aviation

By Michael Bruno
Spirit AeroSystems, Boeing’s provider of aerostructures and its largest supplier, on March 24 said it will halt work at its Wichita and Tulsa, Oklahoma, facilities after Boeing the day before announced a temporary shutdown of its Puget Sound facilities in Washington state.
Marketplace

By Molly McMillin
Bombardier will temporarily suspend aircraft and rail production and other work considered “nonessential” at most of its Canadian operations from March 25 through April 26.
Business Aviation

By Molly McMillin
Bombardier is evaluating what a March 23 decision by the Quebec and Ontario governments to temporarily close nonessential businesses means for its Canadian business jet operations.
Marketplace

By Tony Osborne
Workers at Italian aerospace companies Avio Aero, Leonardo and MBDA have gone on strike over concerns about continuing to work despite the COVID-19 outbreak.
Budget, Policy & Operations

By Molly McMillin
Every morning, the Experimental Aircraft Association’s leadership team discusses the fast-changing developments surrounding the virus causing COVID-19 and what it may mean for the world’s largest general aviation show, EAA AirVenture Oshkosh.
Marketplace

By Michael Bruno
GE Aviation, the leading division within General Electric, is cutting 10% of its U.S. workforce as it anticipates a steep falloff in maintenance, repair and overhaul work for three months, and it will continue to let go outsourced workers in the wake of the novel coronavirus, the company’s head executive said March 23.
Air Transport