Rolls-Royce hit by Italian supplier shutdown
Rolls-Royce has been hit by the shutdown of a key supplier in Italy, which makes castings for specialised turbine blades, according to reports by a media outlet. Rolls-Royce has closed its UK civil ae...
Rolls-Royce has been hit by the shutdown of a key supplier in Italy, which makes castings for specialised turbine blades, according to reports by a media outlet. Rolls-Royce has closed its UK civil ae...
The German government is preparing to take over Condor as a deal for the airline to be bought by Polish carrier LOT could collapse due to Covid 19, according to Reuters. In January LOT inked a deal to...
Airbus is studying a sharp cut in output of its top-selling A320 plane series in light of industrial and delivery challenges posed by the coronavirus crisis, according to Reuters. Airbus may have to c...
Global cargo volumes fell by 23% in March versus the same four weeks of 2019 with the week ending 29 March showing volumes were just half of what was moved in the same seven days of last year, accord...
British Airways has struck a deal with unions that means that up to 80% of BA cabin crew, ground staff, engineers and those working at headquarters will have their jobs suspended. The furlough falls u...
Due to the continuing travel restrictions, Lufthansa will extend its repatriation flight schedule, which was originally scheduled to run until 19 April, to 3 May. This also means that all remaining fl...
The European Commission (EC) has approved a French scheme allowing airlines to defer the payment of some taxes to help them weather the COVID-19 crisis by reducing pressure on their cash flows. The EC...
Colibri Aero, an international supplier of aircraft parts and interior solutions, together with J&C Aero, an international aircraft design and production organization, have developed universal Cargo S...
Scope Ratings says the longer-term challenge for surviving airlines is that they will be operating in a much changed and less favourable economic environment than before the crisis: a smaller travel a...
The International Air Transport Association (IATA) published new analysis showing that airlines may burn through $61 billion of their cash reserves during the second quarter ending 30 June 2020, while...
The UK Airport Operators Association (AOA) called for the UK government to do more to support the country’s aviation industry, saying it was after it was falling behind other major economies in suppo...
Despite IATA warning that airlines globally are facing losses of $314 billion in 2020, a 55% decline compared to 2020, the US government’s $58 billion CARES package, is by-far largest aid deal so far...
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