Pausing Production At Its Mobile, AL Factory In COVID-19 Environment

Airbus is temporarily adapting commercial aircraft production and assembly activity at its German sites in Bremen and Stade and pausing production at its A220/A320 manufacturing facility in Mobile, Alabama in the United States. These actions are being taken in response to several factors related to the ongoing COVID-19 pandemic including high inventory levels in the sites and the various government recommendations and requirements which impact at different stages of the overall industrial production flow. Airbus remains committed to meeting customer demand.

Suspending Common Share Dividend And Share Repurchases, Furloughing Employees

CAE announced today that it has taken a series of flexible measures to protect its financial position in response to the COVID-19 crisis and mitigate the impact on its employees. The measures include temporarily suspending its common share dividend and share repurchase plan, as well temporarily laying off 2,600 of its 10,500 employees and placing another 900 employees on a reduced work week. CAE also announced that, in an effort to help save lives, it is developing an easy-to-manufacture ventilator which will provide life support to patients in intensive care.

Comment Period Open Through May 15

The FAA has issued an Airworthiness Directive for all all Pratt & Whitney (PW) PW1519G, PW1521G, PW1521G-3, PW1521GA, PW1524G, PW1524G-3, PW1525G, and PW1525G-3 model turbofan engines. These engines power Airbus A220 airplanes.

Compound Annual Growth Rate Forecast At 4.2 Percent

The global flight simulator market size is expected to reach $6.4 billion by 2027, expanding at a revenue-based Compound Annual Growth Rate (CAGR) of 4.2%, according to a study conducted by Grand View Research, Inc.

Flying All Over The Globe To Deliver Needed Supplies And Goods

FedEx pilots, represented by the Air Line Pilots Association, Int’l (ALPA) face incredible challenges as they continue to provide essential services to not only keep supply lines open which are critical to the global economy, but also, and more importantly, provide much-needed humanitarian aid around the world. As nations close their borders and lock down cities to prevent the spread of COVID-19, FedEx pilots, operating under an essential services exemption, continue to fly into areas where they are potentially exposed to health risks associated with the virus.

Will Continue To Implement Additional Health And Safety Measures At Its Facilities To Protect Employees

Boeing is extending the temporary suspension of production operations at all Puget Sound area and Moses Lake sites until further notice. These actions are being taken in light of the company's continuing focus on the health and safety of employees, current assessment of the spread of COVID-19 in Washington state, the reliability of the supply chain and additional recommendations from government health authorities.

Aircraft Will Be Additionally Equipped With Controller-Pilot Digital Private Communications System

SSJ100 aircraft has successfully completed test flights and proved the performance capability of ATN system in real conditions in Europe. The installation of this system is relevant primarily for the operators flying to EU countries. Equipping of all civil passenger aircraft with ATN system starting from February, 2020 is a mandatory requirement of the European aviation authorities for flight operations in various European countries above FL285.