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Finance, Taxes, Insurance

IADA: CARES Act Tax Measure Could Boost Aircraft Sales

The CARES Act renewed the NOL carryback through 2020, opening the possibility for aircraft buyers to receive tax benefits on aircraft purchases.
FBOs

Russian FBOs Ready for Duty

A-Group says its Moscow and St. Petersburg FBOs have implemented the latest Covid-19 precautions and preparations.
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Aircraft

Airbus to Offer Freight Mod for A330, A350 Cabins

An Airbus service bulletin will define the needed engineering work and management of the certification process for EASA.
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Safety

APG Acquisition Opens Doors for Future Growth

AFV Partners' purchase of Aircraft Performance Group will open opportunities for technological developments in flight planning and operations.
Aircraft

Jet Deliveries Halved, Profits Plunge in Textron's Q1

Textron Aviation delivered 23 jets and 16 turboprops, compared with 44 jets and 44 turboprops in the same quarter last year.
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Regulations and Government

FAA SFAR Provides Reprieve from Range of Requirements

The FAA's SFAR builds on previous actions to provide relief to the industry facing time-sensitive requirements.
Aircraft

Analysis: Boeing-Embraer Saga Leaves Sour Taste in Brazil

Embraer faces a reset as Boeing conserves cash.
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FutureFlight

eVTOL Aircraft Programs Could Face Investment Squeeze

Financial advisor to eVTOL startups warns new capital for aviation innovation could be in short supply
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Regulations and Government

FAA Guidance Opens Door for Standardized Part 135 Training

Years in the making, the FAA AC 142-1 creates a new approach to Part 135 training that calls for a consensus-based standardized curricula.
Training and Workforce

Aviation Schools Training Online for Now, Eyeing Future

Schools have adapted to online curriculums for now but believe these tools can be used in part to maintain a future pipeline.
Aircraft

Boeing to Institute Big Cuts to Workforce and Production

CEO David Calhoun detailed plans for slashing the Boeing workforce by 10 percent and widebody aircraft production in half by 2022.
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Finance, Taxes, Insurance

eVTOL Aircraft Programs Could Face Investment Squeeze

AirFinance founder Kirsten Bartok Touw predicts rapid consolidation in the urban air mobility sector as only companies with cash in hand may now succeed.
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Aircraft

Travel Restrictions Thwart 1Q20 Gulfstream Deliveries

First-quarter deliveries at Gulfstream Aerospace fell 33 percent due to Covid-19 travel restrictions, while supply chain issues will curtail production.
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Safety

Clay Lacy Adds Aircraft Disinfection to Services

The California-based aviation services provider is now offering cabin cleaning and disinfection at its maintenance bases and through its mobile teams.
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Maintenance and Modifications

Eagle Creek MROs Complete 20 Phenom 10-Year Inspections

The Embraer Phenom inspections at the Eagle Creek MROs included landing gear overhauls and, in a few instances, Garmin G1000 upgrades.
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Aircraft

First GlobalEye Handed Over to the UAE

Saab has delivered the first of three GlobalEye swing-role surveillance systems to the United Arab Emirates on schedule.
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Rotorcraft

Airbus Helicopters Grows Revenues, Profits in 1Q20

Improved earnings on the military side of the helicopter business have balanced disappointing news from the struggling oil and gas sector.
Avionics

New Garmin Portable Adds Approach Overlays

Garmin's new aera 760 portable GPS navigator adds many avionics-like features in a compact 7-inch display.
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Maintenance and Modifications

Maintenance Trainer Adopts Online Learning

Fulcrum Labs and Aviation Institute of Maintenance have partnered to offer more online training for A&P mechanic students.
Aircraft

Airbus Sees More Pain in Commercial Market Through 3Q2020

Airliner deliveries could fall further during the second and third quarters of 2020, resulting in greater financial pressure on the aerospace supply chain.
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Rotorcraft

U.S. Helo Safety Team Offers Case Studies for Survival

The U.S. Helicopter Safety Team has released a new recommended practice training guide to mitigate risks, including plans based on real acccidents.
Airlines

Air Ambulance Crews Adjust To Covid-19 Operating Conditions

Flying in masks and gloves and distancing from cabin medical crews is now required conduct for emergency helicopter pilots.
Charter & Fractional

FBO Chain Donates and Delivers PPE to NY Hospital

Million Air used one of its charter aircraft to ferry its donation of surgical and N95 protective masks to New York's hard hit Westchester County.
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ATC

Once Busy, Many Bizav Airport Towers To See Hours Cut

The FAA has released a list of 93 airports where it plans to curb operating hours as traffic has declined in response to the Covid-19 pandemic.
FBOs

Manual Provider Suggests FBOs Up Their Covid Procedures

As the business aviation industry adjusts to life in the Covid-19 era, AviationManuals believes its time for FBOs to update their operating procedures.
Aircraft

Bombardier To Fully Resume Production by May 11

Bombardier suspended production on March 24 following mandates by the governments of Quebec and Ontario.
Airlines

British Airways To Cut 12,000 Jobs as Covid-19 Hits Results

Some 12,000 will be laid off at British Airways, which accounted for the majority of parent group IAG's declining revenues during the first quarter.
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Airports

Massachusetts Airport Starts Runway Rehab Project

Westfield-Barnes Regional Airport has kicked off a $7.6 million reconstruction project on its secondary runway 15/33.
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Training and Workforce

APS Aims To Keep Pilots Sharp During Covid Downtime

Upset prevention and recovery training (UPRT) provider Aviation Performance Solutions has launched new free and paid online UPRT course options.

Web Manuals Hopes Freebie Supports Industry Recovery

Web Manuals will offer free licenses to new customers until August 31 to support the aviation industry through the Covid-19 pandemic.