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S&P relegates Rolls-Royce to junk status

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Standard and Poor’s has slashed the credit rating of British engineering manufacturer Rolls-Royce to junk on Thursday evening. The company cited the effects of the coronavirus pandemic on the manufacturing industry, with spillover effect for the already-struggling aviation sector. “Actions to contain the pandemic, including government-imposed social distancing measures, travel restrictions, and stay-at-home orders, have

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Airport lockdown confusion causes Eurowings flight to U-turn

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A Eurowings flight from Dusseldorf to Sardinia, carrying just two passengers, was forced to return home mid-air because its destination airport was closed due to a coronavirus lockdown.

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BA A380 PAS AM

Feature: Will the airline industry return to pre-COVID-19 levels

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As the aviation business prepares for a long period of hibernation, can it really emerge as strong as it was before the coronavirus crisis set in?

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A file image of a Lufthansa Airbus A350-900. (Airbus)

Lufthansa still wary of bailout conditions

Lufthansa’s supervisory board has met to discuss the European Commission’s conditions placed on a potential government bailout loan. Lufthansa’s board was expected to approve the conditions for its hard-won loan from the German government. The sanctions imposed by the European Commission have resulted in the airline refusing to accept the deal and has said it

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World’s largest all-electric aircraft gears up for first flight

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The world’s largest all-electric aircraft is about to take to the skies for the first time in a test flight over Washington state in the US on Thursday. The Cessna Caravan, retrofitted with an electric engine by magniX, is expected to fly for 20-30 minutes. Unlike the experimental aircraft that have dominated electric flight so far,

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Boeing to cut 12,000 jobs in US as 737 MAX production resumes

Boeing has announced that it will start involuntary layoffs in the US, with the first set of almost 7,000 job losses to be communicated this week. Combined with the voluntary layoffs already made, this amounts to nearly 12,300 job cuts. There may also be more to follow, as Boeing has previously said 16,000 job cuts

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