Update: What Would a Recession Mean for Aviation?

As talk increases about an economic downturn, two economists weigh in on possible impacts for the industry.
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L3Harris Divests Flight Training Assets in Portugal to Sevenair

The multinational corporation’s exit provides a growth opportunity for the Lisbon-based aviation company, which operates an academy, MRO, and regional airline.
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Garmin G3000 Selected To Modernize U.S. Navy and Marine Corps F-5 Aircraft

Tactical Air Support will use the G3000 for the F-5 Tiger Fighter fleet.
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JetNet CEO Greg Fell Issues a Call to Arms on Sustainability

CEO urges industry stakeholders to do all they can to improve sustainable offerings for the industry or risk disruption.
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Rolls-Royce Will No Longer Power Boom’s Supersonic Airliner

The engine maker says commercial supersonic flight is no longer a short-term priority.
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ExpressJet Files Chapter 11 Bankruptcy, Furloughs 1,300 Pilots

The airline has ceased operations after failing to turn a profit.
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American Airlines Donates $1.5 Million to OBAP Youth Training Academy

Amid a pilot shortage, the airline aims to increase ‘underrepresented minority pilots on the flight deck.’
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Volato Launches Aircraft Management Program

The move comes after the integration of recently acquired Gulf Coast Aviation.
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The Aviation Mechanic Shortage Is Worse Than You Might Think

Economic fallout from the pandemic has worsened an already bad situation.
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JetNet iQ Summit Set for Next Month in New York

Gathering of business aviation CEOs offers rare industry insight.
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