LYON, France—The €3.6 billion ($4 billion) final agreements Airbus has reached with French, UK and U.S. authorities to resolve a corruption case, although colossal, is in fact a satisfactory outcome for the company.

United Technologies Corp. (UTC) says its commercial aftermarket business is being hit by ramifications from the Boeing 737 MAX grounding and could see additional headwinds linked to the coronavirus outbreak, but executives are confident that any dip will be short-lived.

Boeing executives believe customer sentiment toward the 737 MAX remains strong, insisting that airlines still want the grounded model even amid rising operating costs linked to simulator training and the risk that passengers may shy away from the aircraft once it returns.

Europe’s airworthiness regulator has proposed the first certification rules for electrified aircraft propulsion.

Mitsubishi Aircraft denies reports that it has already decided to further extend the development schedule of the SpaceJet regional airliner, saying the matter is still being evaluated.

The NTSB is urging Brazil’s National Civil Aviation Agency (ANAC) and the FAA to mandate Embraer E-Jets control column wiring inspections, revamp maintenance pr

Boeing does not see simulator capacity as an issue that will delay the 737 MAX’s return to service (RTS) and is working with operators to develop plans for training MAX pilots under the assumption that immediate simulator time will be mandated.

Ankara-based Turkish Aerospace Industries (TAI) president & CEO Temel Kotil said producing the nation’s first passenger narrowbody aircraft is still on the company’s master plan but is currently on hold.