Qantas pilots vote in favour of Project Sunrise pay deal
Qantas long-haul pilots have voted in favour of a deal on pay and conditions for Project Sunrise flights.
US aerospace industry reviewing aid options in 880-page coronavirus relief bill
The coronavirus relief law signed by President Donald Trump on 27 March sets aside billions of dollars in available loans to distressed and national-security-critical companies – categories into which aerospace manufacturers like Boeing and its suppliers may fall.
US government aid to aerospace could mean oversupply in future, but avert ‘catastrophe’ now: analyst
While government support would provide vital relief to US aerospace manufacturing at a time of impending crisis, such aid could create a “synthetic” aircraft market to the detriment of the industry in future years.
Spirit AeroSystems targets year-end opening of Scotland wing development site
Spirit AeroSystems expects by year-end to open a new facility in Prestwick, Scotland where it will research and develop manufacturing and production technologies aimed at helping the company land contracts to supply Airbus’ next single-aisle aircraft programme.
Cash reserves give Boeing 10 months of breathing room, analysts suggest
Boeing should have sufficient liquidity to keep operating for eight to 10 months, possibly longer, according to analysts, despite speculation about its financial condition based on recent calls for $60 billion in government aid for the US aerospace industry.
Embraer sees commercial orders deferred, not cancelled
Brazilian aircraft manufacturer Embraer says it has not had any order cancellations as a result of the current global coronavirus pandemic that has decimated the air transport industry, but it is seeing some customers ask for deferments of deliveries as airlines reduce capacity for an undetermined period of time.
Embraer manufactures ventilator parts
Brazilian aircraft-maker Embraer has begun manufacturing parts for ventilators in an effort to support the country’s medical industry as the coronavirus pandemic grips all corners of the globe.
Boeing tells some suppliers to ‘halt shipments’ amid temporary shutdown
Boeing has instructed suppliers to stop shipments to its Seattle-area production sites during the company’s temporary production shutdown, which takes effect on 25 March.
Boeing’s Calhoun defends Boeing’s financial health, pushes back against equity-for-aid government support
Boeing chief executive David Calhoun insists government aid to the struggling airline and aerospace sectors should not be contingent upon the government taking equity in US companies.
Bombardier suspends production in Canada and Belfast
Bombardier is to halt work at most of its operations in Canada, plus its aerostructures unit in Belfast, Northern Ireland, to comply with governmental restrictions designed to limit the spread of the coronavirus.