Gulfstream Aerospace deliveries in the second quarter slightly outpaced those from the same period a year ago, but fell 15 percent in the first six months as the Covid-19 pandemic continues to stall international shipments, parent company General Dynamics announced today.
The Coronavirus impact on the aviation Industry
Jul 29, 2020 - 10:58 AM
Revenue for more than two-thirds of Aeronautical Repair Station Association (ARSA) members has declined an average of 45.9 percent in the first five months of 2020, mostly from the economic effects of the Covid-19 pandemic, according to results of a survey by the trade group. What’s more, aggregate employment at the surveyed companies fell nearly 27 percent—from 11,879 to 8,699—between January 1 and June 1.
Jul 29, 2020 - 10:35 AM
Like the rest of the aviation business, Australian aircraft manufacturer GippsAero (formerly Gippsland Aeronautics) has been impacted by the downturn following the onset of the Covid-19 pandemic. The company, a subsidiary of India’s Mahindra Aerospace since 2009, builds the single-engine utility piston-powered Airvan GA8 and employed about 80 people at Latrobe Regional Airport in the state of Victoria, although news reports suggest that some layoffs have occurred.
Jul 28, 2020 - 10:51 AM
Sabrewing Aircraft is working to keep the development of its Rhaegal family of autonomous eVTOL aircraft on track despite delays caused by restrictions associated with the Covid-19 pandemic. The California-based company has had to delay the start of flight testing for subscale versions of the aircraft due to quarantine rules in the San Francisco Bay Area and also around Edwards Air Force Base.
Jul 28, 2020 - 10:44 AM
Preowned aircraft transactions have fallen in the face of the Covid-19 pandemic, according to industry data provider Asset Insight’s just-released Q2 AI2 Business Jet and Turboprop Market Report. The analysis showed that jet prices have fallen as well, by 3.6 percent during the first half of the year.
Jul 28, 2020 - 9:32 AM
Like many events scheduled in the pre-Covid environment, NATA has made the move to hold its 4th annual Ground Handling Safety Symposium (GHSS) as an online event this fall. Slated to take place from September 22 to 24, the virtual event will feature a keynote address by Neil Smith, secretary-general of the International Union of Aerospace Insurers.
Jul 28, 2020 - 9:30 AM
Airlines have seen a modest increase in airline traffic since the so-called Covid lockdown period in April but the rise in June has proved unexpectedly weak, International Air Transport Association officials reported Tuesday. As a result, IATA now projects a 63 percent decline in revenue passenger kilometers (RPKs) during the second half of the year in relation to the same period in 2019, compared with its earlier forecast for a 50 percent drop.
Jul 27, 2020 - 5:31 PM
As the Covid-19 pandemic steers a new crop of customers towards private aviation, the National Air Transportation Association is stressing that it's more important than ever for charter brokers, operators, and FBOs to collectively become engaged in efforts to provide a seamless, elevated level of service to be able to retain those travelers.
NATA made that call as it continues to host a series of Air Charter Roundtables, the most recent of which focused on “Forging Ahead” in the new market shaped by the pandemic.
Jul 27, 2020 - 3:19 PM
Latin America business aviation fair LABACE, which traditionally takes place in mid-August in São Paulo, has been cancelled, organizer Brazilian Association of General Aviation (ABAG) has announced. “[D]ue to the global pandemic situation, ABAG’s board of directors and the exhibitors have decided that this would be the best course of action.
Jul 27, 2020 - 11:23 AM
AviationManuals says it saw strong demand for its digital and safety services in the first half of 2020 as flight departments took advantage of Covid-related downtime to improve their operations. Companies have stepped up efforts to implement safety management system (SMS) software and improve or develop operational manuals during the period.
