Two U.S. senators are moving to safeguard air travel once the Covid-19 pandemic eases and people begin to step on airplanes again. Introduced by Massachusetts Democrat Edward Markey and Connecticut Democrat Richard Blumenthal, the Restoring Safety in the Skies Act of 2020 would establish a government task force to develop guidance and recommend requirements surrounding logistics, health, safety, and security issues involved with air travel during and after the coronavirus pandemic.
The Coronavirus impact on the aviation Industry
May 5, 2020 - 10:20 AM
Despite the effects of Covid-19 and various stay-at-home restrictions, the International Business Aviation Council (IBAC) is progressing on a variety of initiatives while continuing to accomplish hosting educational sessions and performing more than a half-dozen audits for the International Standard for Business Aircraft Operations (IS-BAO) program.
May 4, 2020 - 9:28 PM
With business aviation flight hours curtailed as a result of the Covid-19 pandemic, several aircraft fuel providers have made changes to their customer loyalty programs.
May 4, 2020 - 12:53 PM
Despite cost-cutting measures intended to blunt challenges stemming from the pandemic, Gulfstream Aerospace said today it will have to take stronger actions, including layoffs and the closure of its Las Vegas service center. Earlier “measures alone were not sufficient to overcome this significant impact, requiring us to take additional steps to balance the size and structure of the business with current conditions,” a spokesperson told AIN.
May 4, 2020 - 12:41 PM
Job cuts are expected at Spirit AeroSystems plants in Tulsa and McAlester, Oklahoma, and Kinston, North Carolina, following warnings last Friday that the supplier to Airbus and Boeing would eliminate 1,450 production and non-production jobs at its plant and headquarters in Wichita. Spirit said the cuts would be smaller in North Carolina and Oklahoma and will happen later this month.
May 4, 2020 - 12:32 PM
Norwegian Air Shuttle will proceed with private placements through the conversion of some 10 billion Norwegian kroner ($966 million) worth of bonds and lease debt to shares and carry out a public offering valued at up to 400 million kroner, the company said in a filing with the Oslo Stock Exchange. More than 95 percent of votes taken at an Extraordinary General Meeting (EGM) on Monday went in favor of the proposed private placements.
May 4, 2020 - 11:42 AM
Workers at De Havilland Canada began returning to work on Monday after the company reopened its Dash 8-400 plant in Toronto. The first phase of the resumption of operations saw 100 employees return to work, concentrating on pre-flight activities and deliveries. In a statement issued on May 4, the company said the phased return to work reflects market demand following the temporary suspension of manufacturing operations on March 20 to support international efforts to mitigate the effects of Covid-19.
May 4, 2020 - 11:11 AM
Further voluntary and involuntary layoffs at GE Aviation will see its 52,000-strong global workforce shrink 25 percent as the company institutes plans over the “coming months” to shave its cost base by $1 billion this year, company CEO David Joyce wrote in a letter to employees dated May 4. The plans, said Joyce, include $2 billion in “cash actions” in 2020 and follow a “comprehensive strategy” under development to re-size the business to match its forecast for the commercial aviation market.
May 4, 2020 - 11:07 AM
With more companies offering aircraft disinfection services amid the Covid-19 crisis, Aviation Clean Air (ACA) has seen a surge in demand for the airborne and ground-use sanitization systems it developed.
May 4, 2020 - 9:46 AM
Although Honda Aircraft furloughed employees and shut down its production line in April, president and CEO Michimasa Fujino is optimistic that light jets will be a key player in the recovery of the business aviation industry.
“It’s not only the short-term,” he said, “but we’re assessing how the market goes in the next few years. Our assessment is that we’ll probably see a decreasing market this year and possibly next year.”
