Italy’s Piaggio Aero Industries and Piaggio Aviation have again extended the deadline for parties to submit expressions of interest to purchase the businesses, which have been operating under extraordinary administration under the Piaggio Aerospace brand.
Several European environmental groups have complained that governments are providing airlines with financial bailouts during the COVID-19 pandemic without having them signed up to measures to improve their environmental performance.
Etihad Airways, which owns 21% of Virgin Australia, has said it was unable to provide further funding to prevent the airline’s entry into administration but remains open to discussions on a possible relaunch.
Welcome to Routes’ weekly look at how Europe's 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.
Boeing is reorganizing top managers and their duties, the company said late April 21, in what is the first headquarters overhaul under relatively new CEO and president David Calhoun.
Aerospace composite provider Hexcel on April 20 scrapped its guidance for 2020 with its financial outlook marred by declining production rates at OEM customers making large commercial aircraft (LCA).
