Rolls-Royce scraps targets and dividend
Rolls-Royce is scrapping its targets and final dividend to shore up its finances as the British aero-engine maker’s customers around… Read More »
U.S. grants GE license to sell engines for China’s new airplane
The Trump administration on Tuesday granted a license to General Electric to supply engines for China’s new COMAC C919 passenger… Read More »
Africa’s largest airline is starting to furlough workers
Africa’s biggest airline, Ethiopian Airlines, has started to furlough workers, including crew members in response to the devastating impact of… Read More »
GE to furlough 50% of U.S. aircraft engine assembly
General Electric said it would furlough about half its workers in the U.S. engine assembly and component manufacturing operations, a… Read More »
Emirates to resume five routes from April 6
Emirates has received approval to restart passenger flights in the coming days, initially operating to five destinations from Dubai (DXB)…. Read More »
Virgin Orbit selects Japanese airport as launch site
Virgin Orbit said it will carry out a technical study with Oita Airport in Japan to confirm the airport’s feasibility… Read More »
General Electric plans to furlough about half their workforce
General Electric reportedly plans to furlough about half of the workers in its massive aircraft-engine manufacturing unit for up to… Read More »
Airline industry braces for lengthy recovery from coronavirus crisis
International seat capacity has dropped by almost 80% from a year ago and half the world’s airplanes are in storage,… Read More »