Post covid-19 business aviation recovery down by 30% from year-ago levels
This article was published on: July6,2020 8:18 AM
Global business aircraft activity continued its post-Covid-19 recovery last month, with traffic down 30 percent from year-ago levels, according to data released today by WingX Advance. But the business aviation segment is still outpacing the airline recovery, which was down about 50 percent year-over-year in June, it added. The North American market has had theRead More
African travel and tourism industry suffers $55m loss due to covid-19
This article was published on: July5,2020 8:17 AM
Africa’s travel and tourism industry has lost $55-billion due to the closure of borders to limit the spread of coronavirus, the African Union said Thursday. On a continent where safaris are a powerful tourist magnet, the sector has been badly hit by lockdowns that shuttered air, land and sea borders. “The impact is really severe,”Read More
Boeing 737 flies off on its first official recertification flight
This article was published on: July1,2020 7:52 AM
Boeing’s beleaguered 737 Max has taken a big step towards recertification more than 15 months after it was grounded, as it launched on its first official recertification flight. The aircraft, operating as flight number BOE701, took off from Seattle’s Boeing Field on 29 June, and headed to Moses Lake, Washington, about 120nm (216km) to theRead More
Airbus to downturn its air transport sector by summer next year
This article was published on: July1,2020 7:49 AM
Airbus is set to cut its workforce by 15,000 personnel by summer next year, as part of its response to the downturn in the air transport sector. These cuts will include 5,100 positions in Germany, another 5,000 in France, and 1,700 in the UK. The measures affect subsidiaries including Premium Aerotec – which had alreadyRead More
Lockheed Martin’s MSE interceptor achieves test success
This article was published on: June28,2020 7:26 AM
A Lockheed Martin PAC-3 Missile Segment Enhancement (MSE) interceptor successfully detected, tracked and intercepted a tactical ballistic missile target today in a test at White Sands Missile Range, New Mexico. Today’s test verified missile software and hardware component upgrades that enable future performance of the PAC-3 MSE interceptor to keep pace against expanding threats ofRead More
India puts forward conditions to restart international flights
This article was published on: June22,2020 9:11 AM
India will restart international flights only once its domestic traffic reaches 50-60% of pre-Covid-19 levels, and that other countries loosen travel restrictions, India’s civil aviation minister has said. “We can start regular international flights when our domestic traffic reaches about 50-60%, [and] other countries open up to international traffic without present conditionalities,” said Hardeep SinghRead More
Kratos to fund general corporate purposes
This article was published on: June22,2020 9:08 AM
Kratos Defense & Security Solutions plans to offer $209 million in common stock for sale to fund general corporate purposes, including the acquisition of other companies. The company is to offer 13.5 million shares of its common stock in a public offering at a price of $16.25 per share, it says on 18 June. TheRead More
Honeywell Aerospace unveils lightweight, low maintenance cooling system for UAM and electric aircraft
This article was published on: June22,2020 9:02 AM
Honeywell Aerospace has unveiled a lightweight, low-maintenance cooling system for developers of urban air mobility (UAM) and electric aircraft, and has named the Eviation Alice as launch platform for the energy-efficient feature. The company’s micro vapor cycle system (MicroVCS) will be incorporated into the nine-seat, all-electric commuter aircraft in July, in preparation for the prototype’sRead More
