Aerospace & Air Transport

Latest

IAG Cuts Deliveries As Full Recovery Not Anticipated Before 2023

IAG incurred a loss of around $577 million in the first quarter of 2020, and sees even tougher trading conditions in the second and third quarters.

Leonardo Sees 2020 Hit from Decline in Civil Aviation Markets

Italy's Leonardo saw first quarter earnings decline, mainly on the civil side of its business, including helicopters, ATR airliners, and aerostructures.

Rolls-Royce Suggests Likelihood of More Job Cuts

UK engine maker Rolls-Royce cites a 40-percent decline in engine flying hours during this year’s first four months.

Air France-KLM Delays A350 Deliveries, Mulls Other Models' Fate

The Franco-Dutch airline group warns that passenger demand will not recover to pre-COVID-19 levels "before several years."

Videos

More Articles

Korean Air Adds International Flights as Region Slowly Reopens

Several airlines in the Asia-Pacific region eye a resumption of strategically important overseas routes.

Spirit CEO: Bombardier, Asco Acquisitions Proceeding

Spirit AeroSystems sees "long-term value" in acquiring Asco and Bombardier's aerostructures unit, despite the effects of Covid-19 and 737 Max grounding.

South Africa’s Comair Enters Business Rescue Process

Comair said it aims to restructure itself as a sustainable business.

Where Did it Go Wrong For the Merger Between Boeing and Embraer?

Where Did it Go Wrong For the Merger Between Boeing and Embraer?

GE Aviation To Shrink Workforce by 25 Percent

Some 13,000 GE employees will lose their job as the company "resizes" to address Covid-19-related business distress.

De Havilland Canada Begins Phased Return to Work

Toronto-based De Havilland Canada said it would take a measured approach to resuming operations.

Shareholders Approve Norwegian Air Rescue Plan

A near $1 billion private placement unlocks more government aid for Norwegian Air Shuttle.

Boeing Supplier Spirit Plans Company-wide Job Cuts

Lower production rates at Airbus and Boeing are leading Spirit AeroSystems to cut commercial production jobs in Wichita and company wide.

Boeing Completes First Flight of Second 777X

The first flight of 777X WH002 lasted 2 hours and 58 minutes.

Boeing Passes on CARES Act Funding With $25B Bond

A $25 billion bond offering has ensured enough liquidity to allow Boeing to reject public money.

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.

Analysis: Boeing-Embraer Saga Leaves Sour Taste in Brazil

Embraer faces a reset as Boeing conserves cash.

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.

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.

Boeing Prepares To Restart South Carolina Production

Most Boeing South Carolina employees will return to work on May 3 and 4.

JetBlue Requiring All Passengers To Wear Face Coverings

A passenger face-covering requirement at JetBlue starting May 4 follows national measures in Canada and the UAE.

Copyright ©2026 AIN Media Group, Inc. All Rights Reserved.

Terms of Use | Privacy Policy | Cookie Policy | Content Policy | Add as a Preferred Source