L3Harris Technologies’ turn toward simulation and training serving commercial air travel is coming back to haunt it as the company now forecasts lower organic revenue and earnings per shares (EPS) for 2020 due to a COVID-19 falloff.
The Experimental Aircraft Association (EAA) is able to weather the financial loss from the cancellation of AirVenture Oshkosh in July, EAA’s chair and CEO Jack Pelton said, but it may mean scaling back growth on some of its programs.
Landing gear specialist Héroux-Devtek of Canada said May 5 it will cut its workforce 10% or 225 employees, most in Quebec, and close its Alta Precision plant in Montreal due to the fallout from the Covid-19 pandemic.
A set of recommended guidelines on public hygiene safety measures for air travel is expected to become public by early June and will likely include the wearing of face coverings from airport arrival through departure.
The varying severity of the COVID-19 pandemic in different Southeast Asian countries means that air travel across the region is recovering at uneven rates.
Airbus is developing a removable refueling boom for its A330 Multi-Role Tanker Transport to meet a requirement for the European Multinational Multi Role Tanker Transport Fleet.
Qantas has launched a review to determine how its fleet will change following the COVID-19 pandemic, which could have major ramifications for its widebody aircraft types.
Virgin Atlantic is closing its operations at LGW and cutting almost a third of its 10,000 staff as the airline scales back its business in response to the COVID-19 pandemic.
Welcome to Routes’ weekly look at how the Middle East and African aviation markets are responding to the COVID-19 pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.
Lufthansa is nearing an agreement with the German government for a €9-10 billion ($9.8-10.9 billion) rescue package made up of several components as the airline aims to resume a substantial amount of flights in June.
Qantas has officially placed Project Sunrise on hold, citing the impact of the COVID-19 pandemic on air travel. The airline had planned to order Airbus A350-1000 for the ultra-long-haul routes.