Airliners have the electrical, oxygen and airflow systems installed that could make them cost-effective temporary hospitals.

Citing the bankruptcy of the OneWeb satellite communications company, the U.S. government should consider adding $2.5 billion in funding for space programs, along with multiple policy proposals to maintain the military space industrial base and U.S. strategic dominance in the domain in the face of threats posed by the COVID-19 pandemic, an industry trade group recommends.

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Encumbered by a poor fourth quarter, independent Chinese carrier Juneyao Airlines saw its 2019 total net profit slide 19.3% year-on-year (YOY) to CNY994.5 million ($142.3 million). 

At Gulfstream Aerospace, most manufacturing, service and flight test facilities at its headquarters in Savannah, Georgia, have remained operational through the COVID-19 outbreak, as the business is considered critical by the Department of Homeland Security’s Cyber & Industrial Security Agency. 

The U.S. Treasury Department wants airlines to repay close to a third of the value of payroll assistance received under the Coronavirus Aid, Recovery, and Economic Security (CARES) Act—and carriers are not happy about it. 

CPI Aerostructures announced April 13 that it closed on a $4.8 million loan under the Payroll Protection Program (PPP) as part of the new Coronavirus Aid, Relief, and Economic Security (CARES) Act in the U.S.

Israel-based defense contractor Elbit Systems, which has a major U.S. subsidiary, acknowledged issues in its operations on April 13 and said it started carrying out unspecified “cost-control measures to help limit the financial impact on the company.”