Vietnam Airlines is in the process of securing a VND4 trillion ($171.8 million) government loan as well as another VND8 trillion in charter capital increases as the flag-carrier predicts a VND15.1 trillion loss for 2020. 

Expect the GE CF34 to be an engine that will be around for a while and one that will not see many migrate to the desert.

Carriers believe intensified testing can help boost traveler confidence and stimulate demand.

Initial drop of about 50% could be followed by prolonged and uneven climb back to prepandemic demand levels.

Talks over an extension to the Payroll Support Program (PSP) look set to come down to the wire in September, after negotiations toward another U.S. coronavirus aid package broke down late last week.

GE Aviation is progressing with engineering and certification testing on its Catalyst engine designed for Textron Aviation’s Cessna Denali single-engine turboprop.

Most airline industry analysts and CEOs agree that consumer confidence will not start to return until a COVID-19 vaccine is readily available.

Israeli start-up Gadfin has been selected by multinational energy company Enel Group to demonstrate electrical infrastructure inspection using a fuel-cell-powered long-range drone.