Aerospace

OneWeb has moved a step close to filing for Chapter 11 bankruptcy protection in the U.S., the London-based Financial Times reported March 27.

Russian airframer Irkut’s fourth MC-21-300 flight prototype has arrived at the Gromov Flight Research Institute in Zhukovsky, near Moscow, ahead of certification trials

ROLLS-ROYCE is significantly reducing all but essential activity within its UK Civil Aerospace facilities through April 3; Defence facilties are still

This webinar took place March 27, 2020 The novel coronavirus is wreaking havoc on the aviation industry. Each day brings a new round of fleet

The coronavirus crisis postpones algorithmic competition, but DARPA pushes ahead with development of AI for air combat.

Financial support at an unprecedented scale is on its way in some countries.

The U.S. Army's Future Vertical Lift program has focused on future rotorcraft, but GA-ASI pursues the MQ-1C role for Advanced UAS.

US GOVT agreed to $2t Coronavirus stimulus package (CARES Act); proposed deal is to provide financial relief to US pax airlines ($50b), cargo airlines

L3HARRIS launched Express Readout automated aircraft recorder validation service that provides necessary reports about recorder functionality.

Austrian aerospace parts and services provider FACC expects further consolidation in the supplier business in the wake of the COVID-19 pandemic.

Manufacturing at Airbus’ final assembly lines has restarted to a limited extent, while wing production has been paused.

AIRBUS is reducing production at wing plants in Bremen, Filton and Broughton because of sufficient stock levels; sites will remain open during this

EMBRAER reported $209.8m net loss on $2.1b revenues for 4Q19 vs $2.6m profit on $1.7b in 4Q18; and $322.3m net loss on $5.5b revenues for 2019 vs $178

A research program that could allow the design of future commercial aircraft to begin with the passenger cabin has been launched by German aerospace center DLR.

Austrian aerospace parts and services provider FACC has said that a “large part” of its staff is expected to apply for “short-term work” starting Apr. 6 and that it will revise plans to ramp up a new Croatian factory while suspending its dividend payment to shareholders for 2019.

A question for U.S. leaders: Is it worth taking Boeing up on its bailout bid? The answer is likely yes, but not for the obvious reasons.

EMBRAER is teaming with companies/research centers to develop technologies to supply replacement parts/filtration systems for medical equipment

ASD is calling on EU Institutions and worldwide Governments to provide specific support for the entire civil aviation sector with specific emergency

AIR INDUSTRIES GROUP had $9.1m gross profit on $54.6m sales in 2019 vs $5.4m on $44.5m in 2018.

ATI (Allegheny Technologies) extended labor deal with USW-covered workers for one year through February 2021.

Amid signs that Boeing is hoping to resume production of the 737 MAX in May the company says flight tests of the three current versions of the model, the -7, -8 and -9, are continuing despite the general shutdown of its Puget Sound facilities because of the coronavirus.

VSMPO-AVISMA had US$321m net income in 2019, up 31.3% vs 208; revenues rose 0.7% to US$1.6b; it has US$739m cash.

BOEING said this week that it still expects FAA to end 737 MAX grounding in mid-2020 as it is close to the finish line with all mods and testing. It

Sohaib Ahmed to Technical Sales Manager of Trenchard Aviation Group, UK.

AIRCASTLE expects March 27 to complete $2.4b merger with new entity controlled by MARUBENI and MIZUHO LEASING.