Hawaiian Airlines has told unions it may have to furlough more than 2,000 employees as the carrier looks to realign the size of its workforce with the new operating environment.

Thailand’s Nok Air has become the latest airline to seek a restructuring through the courts after succumbing to the financial pressures caused by the COVID-19 pandemic.

Airbus made major moves earlier this year, leaving Boeing to make large adjustments as the ramifications of COVID-19 become clearer.

Air France-KLM, pledging to step up its restructuring plans as it unveiled a massive quarterly loss caused by the COVID-19 crisis, said it expects capacity to remain at least 20% below 2019 levels in 2021, with a recovery to pre-crisis capacity by 2024. 

Development of a new stealth bomber and contract award for the next intercontinental ballistic missile (ICBM) remain on schedule despite COVID-19 workplace disruptions, Northrop Grumman CEO Kathy Warden said July 30 on a teleconference about second-quarter earnings.

Hours after the Demo-2 spacecraft was cleared to splash down along the Florida coast this weekend carrying two NASA astronauts home from the International Space Station (ISS), a tropical disturbance headed for the Sunshine State was upgraded to a tropical storm.

Allegiant Air will furlough 275 pilots in October, after posting a $95 million net loss in the 2020 second quarter (Q2), despite outperforming its peers on a host of key metrics.

Gulfstream Aerospace continued to struggle with travel restrictions related to the COVID-19 pandemic in the second quarter of 2020, but managed to deliver 32 business jets compared to 31 a year ago.