Leaders of TransDigm Group, a key provider of niche aerospace and defense parts, said on May 5 they will lay off up to 25% of their workforce and take other actions as the company conserves cash to ride out the collapse in commercial air travel due to the COVID-19 pandemic.
French authorities should create a fund to support small aerospace suppliers, in a critical effort to preserve the country’s capabilities, says Eric Trappier, chairman of French aerospace lobbying group GIFAS.
European carriers are taking the first steps towards restoring parts of their flight schedules, after the COVID-19 pandemic left most carriers grounding virtually their entire fleets.
Pittsburgh International Airport plans to deploy autonomous cleaning machines that use ultraviolet (UV) light to sterilize floors—part of a multi-phase strategy that aims to change how the airport is disinfected.
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.
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.
Virgin Atlantic plans to exit its base at London Gatwick (LGW) as part of a series of measures being implemented to help the airline survive the coronavirus crisis.
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.
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.
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.
Air Canada is speeding up retirement of 79 older jets across its fleet as it digs in for a drawn-out period of low demand owing to the COVID-19 pandemic.
Some four years ago, American billionaire investor and Berkshire Hathaway CEO Warren Buffett thrilled the US major airlines when he bought stakes in each
