Aftermarket services specialist AAR Corp. is bracing for a drop in demand for maintenance as airlines scale back to cope with reduced flying amid the coronavirus pandemic, but is already seeing a rebound in markets that are now in recovery mode.
A portion of a $2 trillion spending bill to provide relief to a nation reeling from the novel coronavirus pandemic would provide $10.5 billion in additional funding for the U.S. military.
China will strengthen its air cargo industry under a new policy that includes encouraging mergers with logistics companies and expanding aircraft fleets.
The Orion spacecraft slated to fly aboard NASA’s first Space Launch System flight test next year arrived at Kennedy Space Center in Florida on March 25, as six more NASA facilities were shut down to help stem the spread of COVID-19.
Austrian aerospace parts and services provider FACC said March 25 that “a large part” of its staff is expected to apply for “short-term work” starting April 6, and that it will revise plans to ramp up a new Croatian factory, as well as suspend its dividend payment to shareholders for 2019.
Although F-35 Joint Strike Fighter test operations had to cease March 25 because of the novel coronavirus, the U.S. military has not seen “anything major” that would delay full-rate production, the Navy acquisition executive says.
South Africa announced a 21-day nationwide lockdown aimed at combating the spread of COVID-19, triggering the suspension of operations by the country’s airlines.
Air Canada and its pilots have agreed to cost-cutting moves that include reduced pay, modified retirement terms and up to 600 layoffs, the Air Canada Pilots Association said.
U.S. Senators and the Trump Administration reached a preliminary accord that would send U.S. carriers $61 billion in grants and loans to survive an extended period of anemic air travel demand caused by the COVID-19 pandemic.
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.
