The commander of the USS Theodore Roosevelt has asked the head of U.S. Pacific Fleet to remove his 4,000-member crew from the aircraft carrier and send the sailors into quarantine on Guam as the novel coronavirus continues to spread on the ship.
When the text of the U.S. Government’s “stage-three” coronavirus stimulus effort was publicly released late last week, industry watchers were left scratching their heads over a vague provision requiring air carriers receiving aid to continue serving “all points” in their networks through Sept. 30.
The pot of $29 billion in loan guarantees available for U.S. airlines comes with more restrictions than comparable amounts of available payroll grants, including minimum staffing requirements, though the preliminary U.S. Transportation Department (DOT) procedures leave several major questions unanswered.
Aviation service provider Signature Aviation has seen a material decline in flight activity across its network in recent days, with activity down 65% per day as customers observe temporary stay-at-home orders.
Embraer is resuming essential operations in Brazil, such as customer support, aircraft maintenance and manufacturing, following a temporary shutdown because of the spread of the coronavirus causing COVID-19, the company said.
Virgin Orbit has developed a new, mass-producible bridge ventilator that is pending clearance from the U.S. Food and Drug Administration to fight the novel coronavirus.
IATA is pushing for broad adoption of travel vouchers in place of requiring airlines to refund passengers when flights are canceled during the COVID-19 crisis.
Aerospace and defense manufacturers and suppliers looking to tap the U.S. government’s new coronavirus-related treasure trove of loans and guarantees will first have to show they could not find financing elsewhere, and they must not lay off more than 10% of their workforce through September.
British Airways (BA) has boosted its financial reserves by extending its U.S. dollar-secured revolving credit facility for one year from June 23, 2020 to June 23, 2021.
Canada’s flag carrier planned to offer more than 16 million seats during the second quarter of the year but will slash capacity by up to 90% in response to the COVID-19 crisis.
Piper Aircraft, based in Vero Beach, Florida, has set up a small assembly line to manufacture thousands of plastic medical protective face shields for area hospitals during the novel coronavirus pandemic.
