Month-old Raytheon Technologies is slashing billions of dollars in costs and other retrenchments, including workforce cutbacks, as commercial OEM and aftermarket revenue could be halved this year in the wake of COVID-19. 

Air France-KLM posted a net loss of €1.8 billion ($1.95 billion) for the first three months of the year, hit by the devastating impact of the COVID-19 coronavirus crisis on its operations.  

Airbus delivered just 14 aircraft in April, showing the severe impact of the coronavirus pandemic on the air transport industry.

Spirit Airlines has no plans to abandon its high-density cabin layout in the aftermath of the COVID-19 pandemic, signaling confidence in the ULCC business model despite concerns over the health risk posed by crowded aircraft.

Spurred by the COVID-19 pandemic, Rolls-Royce launched what it believes is the first travel-free, fully immersive virtual reality training course for its business jet engines on May 4, 2020.

Rolls-Royce says it is “actively pursuing” changes to its business to better align with medium-term market conditions as the coronavirus pandemic hits engine production and maintenance volumes.

Ask the Editors: Sustainable aviation fuels are technically viable today; it is their economic viability that remains in question.

Although airlines may start poaching grounded aircraft for USM, older narrowbodies and cargo aircraft provide hopeful prospects.