Whatever it takes. In short, that has been President Donald Trump’s message to airlines and the aerospace industry to help both sectors financially during the current Covid-19 crisis. Airlines say they would need some $50 billion while the aerospace industry…
Mitsubishi performed the maiden flight of the first M90 with all the latest modifications on March 18. It has been a major milestone, as Flight Test Vehicle (FTV) 10 will have a significant role in the certification of the delayed…
The European Commission is temporarily waiving the 80-percent slot rule to help airlines survive during the Covid-19 crisis, EC-chairman Ursula van der Leyen has said in March 10 in Brussels. On March 11, the US Federal Aviation Administration (FAA) followed…
If bookings continue to drop in the coming weeks, Lufthansa Group will reduce capacity by 50 percent, the airline said on March 6. Following the outbreak of Covid-19, the German giant has seen a massive drop in traffic in all…
Etihad reported its best-ever result in years by posting a $-0.87 billion loss over 2019, an improvement from a $ -1.28 billion loss in 2018 and -1.52 billion in 2017, the airline announced on March 5. In 2016, the loss…
UK-regional airline Flybe has ceased all operations and filed for administration on March 5. It is the first airline to fail since the outbreak of Covid-19, with a drastic drop in traffic resulting in a cash shortage the airline was…