AAR Corp. (AIR) Secures $5.1M Contract from U.S. Air Force to Provide Contractor Logistical Support for AN/MSN-7 Communications Central System

Air New Zealand to boost capacity as virus curbs ease, but higher fares expected

SYDNEY (Reuters) - Air New Zealand Ltd (NYSE: AIR) said on Friday it would boost domestic capacity to 20% of usual levels once the country further loosens pandemic restrictions, but it cannot offer its lowest fares due to social distancing requirements.

New Zealand will decide on Monday whether to lower its alert level to 2 from 3, which would allow for the return of non-essential domestic travel as the country, which currently has relatively few COVID-19 cases,... More

Airbus deliveries plunge 80% in April

PARIS (Reuters) - Airbus (NYSE: AIR) deliveries tumbled 80% to just 14 aircraft in April, compared with a year earlier, as operations were hit by the coronavirus crisis, company data showed on Thursday.

The handovers, down from 70 planes in the same month of 2019, included two wide-bodied... More

Three big easyJet shareholders back management in dispute with Haji-Ioannou

LONDON (Reuters) - Three investors in easyJet (NYSE: EZJ) have thrown their weight behind the British airline's management in their battle with the founder and biggest shareholder Stelios Haji-Ioannou over a 4.5 billion pound plane order.

The dispute is due to come to a head on May 22 when the results of an investor vote on whether to remove easyJet's chief executive, chairman, chief... More

JetBlue posts quarterly loss, scales back Airbus orders

By Tracy Rucinski

(Reuters) - JetBlue Airways Corp (NASDAQ: JBLU) on Thursday posted a $268 million quarterly loss as the coronavirus pandemic hurt air travel demand, and cut its order book with Airbus SE (NYSE: AIR) by about 34% through 2022 to save $1.1 billion in aircraft spending.

Under a delivery schedule set on May 7, JetBlue said it now plans to receive a total of 40 Airbus SE (NYSE: AIR) jets through 2022, down... More

Planemakers delay deliveries as crisis hits manufacturing: Air France-KLM CEO

PARIS (Reuters) - Planemakers Airbus (NYSE: AIR) and Boeing (NYSE: BA) have asked Air France to delay taking some wide-body jets after a manufacturing slowdown caused by the coronavirus crisis, the head of parent Air France-KLM told Reuters.

"We have some A350s for the end of the year that will be pushed into next year, and then we have some A350s for next year that will be pushed into the year after," Chief Executive Ben Smith said, adding that this was at Airbus's... More

U.S. and Europe spar over next stage of aircraft subsidy dispute

By David Lawder and Philip Blenkinsop

WASHINGTON/BRUSSELS (Reuters) - The United States said there was "no valid basis" for the European Union to retaliate against U.S. goods in a long-running subsidy row after Boeing lost state tax breaks, but the EU said it was pressing ahead with its demand for tariffs.

The transatlantic dispute over support for Europe's Airbus (NYSE: AIR) and U.S. rival Boeing (NYSE: BA) has already led to U.S. tariffs on European goods and could lead to a tit-for-tat EU... More

Leasing bosses expect modest 2020 jet deliveries due to crisis

PARIS (Reuters) - Leasing industry leaders said on Wednesday deliveries of new jetliners would remain hampered this year as a result of uncertainties over demand and supply-chain difficulties, despite some speculation of a recovery in the second half.

BOC Aviation Chief Executive Robert Martin predicted that combined... More