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Is business aviation better prepared for this downturn?

The COVID-19 downturn is here. But companies like Textron Aviation and Bombardier Learjet might fare better than they did during the recession......»»

Category: topSource: bizjournalsMar 26th, 2020

IN PERSON: How the music business and aviation prepared Joe Hayden for a career in real estate

The former recording engineer and pilot has carved out a career as a successful Louisville real estate broker......»»

Category: topSource: bizjournalsMar 13th, 2020

WeWork reassures investors it has enough cash to weather coronavirus downturn

In a global downturn, WeWork's business model of renting short-term office space, while holding longer-term leases, is particularly vulnerable......»»

Category: realestateSource: cnbcMar 26th, 2020

7 tips for keeping your business going during the coronavirus downturn

As the coronavirus outbreak continues to batter businesses, risk management expert Nicholas Bahr shares seven steps to keep your company going during the downturn......»»

Category: topSource: moneycentralMar 26th, 2020

U.S. Senate bill to grant airlines bailout to weather coronavirus

The U.S. Senate will vote on Wednesday to give the U.S. aviation industry $58 billion in aid, half in the form of grants to cover some 750,000 employees' paychecks, in a badly needed lifeline for an industry facing the worst travel downturn in history......»»

Category: topSource: reutersMar 25th, 2020

U.S. core capital goods orders point to worsening business investment downturn

New orders for key U.S.-made capital goods fell sharply in February as demand for machinery and other products slumped, suggesting a deepening contraction in business investment that analysts said signaled the economy was already in recession......»»

Category: topSource: reutersMar 25th, 2020

U.S. Senate bill grants aviation sector big bailout: Republican senator

A compromise $2 trillion economic rescue package set to be voted on by the U.S. Senate on Wednesday will include $25 billion for airlines in cash grants, a badly needed lifeline for an industry facing the worst travel downturn in history......»»

Category: topSource: reutersMar 25th, 2020

Weak U.S. core capital goods orders point to deepening business investment downturn

New orders for key U.S.-made capital goods fell sharply in February as demand for machinery and other products slumped, suggesting a deepening contraction in business investment that analysts said signaled the economy was already in recession......»»

Category: topSource: reutersMar 25th, 2020

GE to cut 10% of aviation workforce

General Electric said Monday its aviation business making jet engines will cut its U.S. workforce by about 10%. Fred Katayama reports......»»

Category: videoSource: reutersMar 23rd, 2020

GE Aviation lays off 2,600 employees as demand for commercial engines wanes in crisis

General Electric is laying off 10% of U.S. workers in its GE Aviation business and furloughing others due to reduced demand from co.....»»

Category: topSource: usatodayMar 23rd, 2020

GE"s aviation business to lay off 10% of U.S. employees

General Electric Co. said its GE Aviation unit is planning to cut 10% of its U.S. workforce, as the COVID-19 pandemic has led to a "rapid contraction" of air travel. GE's stock fell 0.7% in morning trading. GE Aviation said the te.....»»

Category: topSource: marketwatchMar 23rd, 2020

After initial uptick, Dallas private aviation companies start to see decline

The travel downturn, spearheaded by commercial carriers, is starting to impact North Texas private aviation......»»

Category: topSource: bizjournalsMar 23rd, 2020

Banks may be better prepared than last crisis to support businesses through hardship

Banks are preparing to help business customers who are facing challenges due to the sudden impact of COVID-19 on the economy......»»

Category: topSource: bizjournalsMar 20th, 2020

Precipio CEO says hasn"t seen any "substantial downturn" in business

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 20th, 2020

Restaurants grapple with lost business, face decisions amid coronavirus restrictions

Myra Ghattas was prepared to enter what is typically a busy time of year at Slate Street Cafe. Now she's wondering if it's possible her restaurant will have to close altogether after more than 14 years. Revenues plummeted between 60-70% in the last w.....»»

Category: topSource: bizjournalsMar 17th, 2020

Brazil likely to announce relief package for airlines amid coronavirus

Brazil's government will likely announce a package of measures to prop up the civil aviation sector later on Monday, as business evaporates and flights are canceled due to the coronavirus outbreak, the Infrastructure Ministry said......»»

Category: topSource: reutersMar 16th, 2020

North Carolina entrepreneur grows business one charter jet at a time

A North Carolina aviation entrepreneur is growing his empire, one Gulfstream jet at a time......»»

Category: topSource: bizjournalsMar 12th, 2020

I flew back to New York after it declared a state of emergency due to the coronavirus outbreak. Here"s how I prepared for and protected myself during my flight home.

Joey Hadden/Business Insider Flying during the spread of the novel coronavirus is possible, but there are many opportun.....»»

Category: topSource: businessinsiderMar 11th, 2020

NC entrepreneur grows business one charter jet at a time

A North Carolina aviation entrepreneur is growing his Kinston empire, one Gulfstream jet at a time......»»

Category: topSource: bizjournalsMar 10th, 2020

Italy’s Economy Faces Great Recession

As COVID-19 spreads throughout the country and locks down much of the nation's business, Italy faces a worse downturn than a recession......»»

Category: blogSource: 247wallstMar 10th, 2020

Tracking coronavirus: Shutdowns, altered plans sweep country

As the deadly coronavirus continues to rattle businesses and alter daily workplace decisions, the stakes for employers are increasing — in responsiveness and in how well prepared they are for what might be still to come. The Business Journals n.....»»

Category: topSource: bizjournalsMar 5th, 2020