Norwegian Air Shuttle has won shareholder approval to convert a large slab of debt to equity, a result that makes the ULCC eligible to receive more financial aid from the Norwegian government.
FRANKFURT—Airbus plans to increase its research into how health-protection technology inside passenger aircraft cabins can be improved, the OEM’s executive vice president of engineering Jean-Brice Dumont told Aviation Week.
Welcome to Routes’ look at how the North American aviation market is responding to the COVID-19 coronavirus pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.
The European Commission has approved the French state’s €7 billion ($7.7 billion) package to help Air France-KLM withstand the COVID-19 crisis, saying the plans comply with EU state aid rules and praising the decision to link the funding to environmental targets.
LYON, France—Arianespace is planning on resuming operations with a Vega launch in mid-June as activity at Europe’s space center in Kourou, French Guiana, gradually restarts after being suspended due to the COVID-19 pandemic.
SINGAPORE—The governments of Australia, Canada, New Zealand, Singapore and South Korea are developing guidelines for the resumption of “essential” air travel as well as maintaining smooth and open supply chains with each other.
The Thai State Enterprise Policy Committee (SEPC) has approved a THB58 billion ($1.8 billion) loan for Thai Airways as the debt laden flag-carrier grapples with prolonged travel disruption from the COVID-19 outbreak.
The largest aerostructures provider to Airbus, Boeing and other aircraft makers will lay off around 1,450 more workers at its Wichita headquarters campus.
NASA has awarded Aerojet Rocketdyne a $1.8 billion contract to manufacture 18 additional RS-25 engines to support Space Launch System flights to the Moon.
The U.S. major airlines are holding firm to their fleet modernization plans, reflecting a view that efficiency will be key in the recovery from the COVID-19 pandemic.
Virgin Galactic’s SpaceShipTwo VSS Unity conducted the first unpowered gliding test flight from Spaceport America on May 1, marking another key step toward the planned start of commercial suborbital services from the New Mexico site.
Ryanair Holdings is expecting a net loss of over €100 million ($110 million) for its fiscal first quarter (Q1), with further losses during the peak summer season—a direct effect of the precipitous decline in traffic caused by the COVID-19 pandemic.
Embraer’s commercial operation has shifted focus to realign with the rest of the company and conserving cash, with new-product development—including a notional turboprop—put on hold while the business regains its footing amid the Boeing deal collapse and coronavirus crisis, Embraer Commercial Aviation president and CEO John Slattery said.
The Senate Armed Services Committee will hold an in-person nomination hearing May 7 for the U.S. Air Force chief of staff, Navy secretary and deputy under secretary of defense for policy, despite the novel coronavirus.
