Major aviation training and simulator provider CAE said it is temporarily laying off at least 465 staff starting March 27 and cutting staff manager salaries in the wake of the COVID-19 crisis.
Embraer has placed all employees at sites in Brazil who cannot perform their jobs remotely on temporary paid leave through March 31 because of the virus causing COVID-19, the company said.
In the wake of the novel coronavirus pandemic, business aviation experts are revising 2020 delivery and sales forecasts along with business expectations in an ever-evolving situation.
Organizers of July’s Farnborough International Airshow and the Royal International Air Tattoo have decided to cancel the events in light of the COVID-19 pandemic.
Business aviation flight activity in Europe declined 6.9% in the first 17 days of March compared with the same period in 2019, according to WingX Advance, with France recording the largest decline with a 12% reduction.
Representatives of smaller aviation suppliers are pushing for COVID-19 pandemic-related financial relief and prompting eligible companies to tap into newly available government programs, such as Small Business Administration (SBA) loans.
Textron Aviation is instituting rolling four-week furloughs for most of its U.S. employees in response to the coronavirus pandemic and to adjust production to anticipated market demand, the company said.
A coalition of six general and business aviation trade groups are asking that government financial relief assistance sought by air carriers in response to the impact from COVID-19 include business aviation charter providers and fractional operators.
Following the cancellation of EBACE 2020, the National Business Aviation Association has canceled all scheduled events through July 1 as the COVID-19 outbreak continues to spread.
Organizers of the European Business Aviation Convention & Exhibition set for May 26-28 in Geneva are proceeding with planning for Europe’s largest business aviation event, but keeping watch on a fluid situation related to the coronavirus outbreak.
World Fuel Services has completed the $170 million acquisition of the UVair fuel business from Universal Weather and Aviation, making it the exclusive contract provider for Universal Weather and Aviation.
Civil helicopter deliveries declined 16% in 2019—from 979 aircraft in 2018 to 819—with the largest drop coming from piston rotorcraft deliveries, the General Aviation Manufacturers Association (GAMA) says.
Wheels Up, a private aviation provider, has acquired Gama Aviation, doing business as Gama Aviation Signature and the exclusive operator of Wheels Up’s fleet of King Air and Citation aircraft.
Despite sluggish sales, Dassault is betting on the future of the Falcon family of business jets by significantly increasing research and development (R&D) expenditures on the Falcon 6X and an unspecified “future Falcon.”
