After posting a $110 million first-quarter loss, including a $97.9 million loss in its Civil Aviation Training Solutions division, CAE is embarking on a year-long restructuring plan that includes consolidations of facilities, transferring of various assets, and up to 350 layoffs. At the same time, the Montreal-based flight training giant is accelerating its digital initiatives.
The Coronavirus impact on the aviation Industry
Aug 13, 2020 - 9:54 AM
By now, there’s little doubt that the fallout from the Covid-19 pandemic has turned the air transport industry upside down in ways that even the most insightful forecasters could not have foreseen at the start of 2020. In different parts of the world, airlines have struggled to maintain a commercially viable level of scheduled service in the face of shifting, and in some regards conflicting, government travel restrictions.
Aug 12, 2020 - 4:00 PM
Elite Jets Charters has hired six additional pilots in anticipation of sustained demand for private flying, the Naples, Florida-based operator announced this week. The hires bring its Naples Airport-based pilot ranks to a total of 18 with a combined 57 million nautical miles of flying experience.
Aug 12, 2020 - 3:38 PM
The National Air Transportation Association (NATA) is placing a special focus on the air ambulance sector with the creation of a subcommittee within its Air Charter Committee. The air ambulance subcommittee will be chaired by Marc Ramthun, v-p of medical flight services for CSI Aviation, with Emma Roberts, senior director of safety, training, and compliance for Reva, as vice-chair.
Aug 12, 2020 - 11:21 AM
House aviation subcommittee chairman Rick Larsen (D-Washington) and Rep. Ron Estes (R-Kansas) jointly introduced a bill in the U.S. House on Monday to establish a cost-share program that would help preserve aviation manufacturing jobs at risk of furloughs during the pandemic.
Aug 10, 2020 - 12:31 PM
Hong Kong-based Metrojet’s MRO station has been keeping busy with engine changes and aircraft disinfections in the first half of the year, the company said. Specifically, from January to July its certified Rolls-Royce MRO has performed multiple engine changes on various types of Gulfstream twinjets equipped with BR725/710 and Tay 611-8C engines, in addition to scheduled maintenance inspections.
Aug 10, 2020 - 11:38 AM
The National Air Transportation Association (NATA) kicked off a “General Aviation Advancing America” campaign that will involve a series of meetings throughout the country with small focus groups to discuss the importance of rural airports to economic development, job recovery, and emergency response. Involving groups of 10 or fewer essential community leaders and aviation stakeholders, the initiative is designed to encourage open dialog about the value of general aviation to the community.
Aug 7, 2020 - 10:58 AM
North American business aviation activity continued to rebound on a monthly basis from the Covid-19 pandemic-related downturn, but last month’s tally was still down 19.6 percent from July 2019, according to Argus’s latest TraqPak report. Flights in the U.S., Caribbean, and Canada were up 9.4 percent from June with all categories of aircraft and operations showing improvement. Turboprops involved in fractional operations showed the largest month-over-month gain, up 25.2 percent in July.
Aug 6, 2020 - 12:30 PM
Lufthansa Group, for now, is sticking to plans to keep 300 aircraft grounded in 2021 and 200 in 2022, but these numbers may be on “the low side” because the company’s outlook on the recovery of air travel demand is somewhat less positive than it was a couple of months ago when it drafted the fleet restructuring plan, the group’s CEO, Carsten Spohr, conceded on Thursday. Speaking during a second-half results call with analysts, he said customer demand is only improving at a low rate.
Aug 6, 2020 - 10:47 AM
Bombardier’s business jet deliveries dropped by 15 units for a total of 20 in the second quarter and associated revenues plummeted 28 percent as the company continues to recover from Covid-19 pandemic-related factory shutdowns, albeit at a lower production rate. In the second quarter, Bombardier delivered nine Globals, including five 7500s, along with nine Challengers and two Learjets. This compares with 16 Globals, 17 Challengers, and two Learjets handed over in second-quarter 2019.
