Month-old Raytheon Technologies is slashing billions of dollars in costs and other retrenchments, including workforce cutbacks, as commercial OEM and aftermarket revenue could be halved this year in the wake of COVID-19.
Spurred by the COVID-19 pandemic, Rolls-Royce launched what it believes is the first travel-free, fully immersive virtual reality training course for its business jet engines on May 4, 2020.
Daher’s line of 2020 TBM 940 turboprops will come equipped with HomeSafe, an emergency autoland system, the company announced during a video press conference May 6.
As the business aviation sector works to bounce back when COVID-19 travel restrictions begin to lift, in Britain, the industry has a significant additional hurdle to overcome.
The FAA has named eight companies that will assist the agency in establishing technology requirements for suppliers of remote identification services for small unmanned aircraft systems (UAS).
French startup VoltAero has revealed plans for a family of three hybrid-electric aircraft with four to 10 seats. Initial deliveries of the four-seat Cassio 330, first of the family, are targeted for the end of 2022.
The National Business Aviation Association has made “significant” reductions to its workforce as it contends with the effects of the COVID-19 pandemic, including the cancellation of its events through July 1, the business aviation trade group announced May 5.
The Experimental Aircraft Association (EAA) is able to weather the financial loss from the cancellation of AirVenture Oshkosh in July, EAA’s chair and CEO Jack Pelton said, but it may mean scaling back growth on some of its programs.
Drone operating system developer Auterion has released the reference design for a new family of unmanned aircraft systems avionics modules and announced GE Aviation as the launch manufacturer of its own high-reliability module for drone operations.
Gulfstream Aerospace is cutting jobs throughout its business operations, including nearly 700 at its Savannah, Georgia headquarters, in response to the impact from the coronavirus pandemic.
The largest aerostructures provider to Airbus, Boeing and other aircraft makers will lay off around 1,450 more workers at its Wichita headquarters campus.
An early leader in the electric vertical-takeoff-and-landing market, Joby Aviation has been secretive about its progress. But new details emerged during the virtual kickoff event of the U.S. Air Force’s Agility Prime program on April 27-May 1.
Embraer’s commercial and business jet assets could be back on the market someday, Bombardier’s future as a bizjet-focused OEM remains a topic of debate, and a Boeing-Mitsubishi SpaceJet partnership is on the lips of Boeing’s CEO.
The European Commission (EC) has published an amended regulation that lays out requirements to equip aircraft for automatic dependent surveillance-broadcast (ADS-B) and postpones the compliance date for new aircraft by six months because of the coronavirus pandemic.
The Experimental Aircraft Association has canceled EAA AirVenture Oshkosh in Wisconsin, scheduled for July 20-26, due to the fallout and uncertainties surrounding the COVID-19 pandemic.
In response to increased customer demand, Aviation Clean Air (ACA), in partnership with International Aero Engineering (IAE) is experiencing an increase in orders for the Ion Distribution Unit for Ground Use Only aircraft interior decontamination system.
Private jet broker Vimana Private Jets is using its fleet of aircraft to transport medical equipment internationally to those fighting the novel coronavirus.