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Boeing Awarded $3.1 Billion in U.S. Navy Cruise Missile Contracts

WIL BALDWIN May 14, 2020

The U.S. Navy has awarded Boeing [NYSE: BA] a combined $3.1 billion in contracts for Harpoon and Standoff Land Attack Missile Expanded Response (SLAM ER) weapon systems in support of Foreign Military Sales (FMS). About…

Avianca Files for Bankruptcy Protection

WIL BALDWIN May 11, 2020May 11, 2020

(Reuters) - Avianca Holdings, Latin America's second-largest airline, filed for bankruptcy on Sunday, after failing to meet a bond payment deadline, while its pleas for coronavirus aid from Colombia's government have so far been unsuccessful.…

Qantas Pauses Airplane Deliveries from Airbus and Boeing

WIL BALDWIN May 10, 2020May 10, 2020

Qantas planes are seen at Kingsford Smith International Airport in Sydney, Australia SYDNEY (Reuters) - Qantas Airways Ltd <QAN.AX> said on Monday it had advised Airbus SE <AIR.PA> and Boeing Co <BA.N> that it did…

Aer Lingus to Review Social Distancing Following Packed Flight

WIL BALDWIN May 5, 2020May 5, 2020

LONDON (Reuters) - Irish airline Aer Lingus said it was reviewing its social distancing procedures after a flight on Monday was packed with passengers. European flights have all but come to a standstill during the…

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EU Clears 7 Billion Euros in State Aid for Air France-KLM

WIL BALDWIN May 4, 2020

BRUSSELS (Reuters) - The European Union's competition watchdog on Monday approved French state aid worth 7 billion euros ($7.66 billion) for Air France <AF.PA>, saying the support would provide cash to soften the economic shock…

Norwegian Air Shareholders Vote in Favor of Rescue Plan

WIL BALDWIN May 4, 2020May 4, 2020

OSLO (Reuters) - Norwegian Air <NAS.OL> shareholders backed its financial survival plan on Monday, with more than 95% of votes cast supporting the conversion of nearly $1 billion of debt into equity and raising more…

Air New Zealand Signs Government Deal to Provide World Cargo

WIL BALDWIN May 4, 2020May 4, 2020

The International Airfreight Capacity agreement with the Ministry of Transport will allow exporters and importers the ability to access key markets in a world where available air freight capacity is reduced due to the COVID-19…

JetBlue To Require Customers to Wear Face Coverings During Travel

WIL BALDWIN April 28, 2020April 28, 2020

JetBlue (NASDAQ: JBLU) today announced that starting May 4 all customers will be required to wear a face covering during travel. The policy comes after the airline began requiring all crewmembers to wear face coverings…

Air New Zealand Thanks Customers for Being Named #1 on Both Sides of the Tasman

WIL BALDWIN April 28, 2020April 28, 2020

Australians and Kiwis have chosen Air New Zealand as their most trusted, respected and admired company - and the airline has a message of thanks as it faces a tough road ahead. Quiet skies haven't stopped Aussies…

Airbus to Furlough 3,200 Staff at Broughton Factory in Wales

WIL BALDWIN April 28, 2020April 28, 2020

LONDON (Reuters) - Airbus <AIR.PA> will furlough around 3,200 staff at its Broughton factory in Wales, the European planemaker said on Monday after it warned staff that the coronavirus crisis had put its survival at…