CommercialPODCAST SERIES Pt. 1: Aerospace Industry Outlook Under the Coronavirus Pandemic - AIRLINES On the first of this new four-part podcast series, we discuss the economic and operational impact of the outbreak of the COVID-19 coronavirus on the commercial airline industry. Guests on this episode…
Business & GAEmbraer Suspends 2020 Financial Forecast Amid COVID-19 Impact Embraer said on March 26 it is suspending its financial forecast for 2020 amid the ongoing impact of the COVID-19 virus. "Embraer has so far not suffered extensive delays in its…
CommercialAirbus, Boeing Make Production Decisions Amid COVID-19 Pandemic Airbus partially resumed assembly and production work in France and Spain on March 23, while Boeing will temporarily suspend the majority of its U.S.-based airplane production activity beginning March 25 as the…
Business & GACCX Adds Capabilities to T-RX Avionics Radio and Pulse Testers Ottawa-based test equipment supplier CCX Technologies said on March 24 that it is adding GPS signal generator and VHF Digital Link (VDL) Mode 2 capabilities for its T-RX avionics radio and pulse…
Air TaxiUPS Partners with Wingcopter to Develop, Certify Drone Delivery Fleet UPS’ drone delivery venture is partnering with German drone-maker Wingcopter to develop and certify new tiltrotor package delivery drones for a wide range of use cases in the United States and internationally.…
Air TaxiLilium Raises $240 Million for Electric Air Taxi Development — ‘At Least 12 Months of Runway’ German electric air taxi developer Lilium completed an internal funding round worth over $240 million, raising its total investment to date to more than $340 million, the company announced. A representative for…
MilitaryNorthrop Grumman Warns Of Potential Business Impacts From Pandemic Northrop Grumman on Thursday said it can’t currently predict the impact on its business from the COVID-19 pandemic but warned investors of potential increased borrowing costs and of potential disruptions to its…
Business & GAAvionics OEMs Warn of Supply Chain Disruption and Other Fallout Due to COVID-19 While Boeing has requested a $60 billion lifeline from the federal government to cushion the impact from the COVID-19 pandemic and U.S. airlines through the Airlines for America trade group have asked…
: