7 January 2026

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AE Industrial to acquire L3Harris Space Systems stake

AE Industrial Partners has agreed to acquire a controlling interest in L3Harris’ Space Propulsion and Power Systems business, at a total enterprise value of US$845 million. The transaction is expected to close in the second half of 2026, subject to regulatory approvals and the satisfaction of customary closing conditions. L3Harris’ RS-25 rocket engine business is […]

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Lufthansa Group and Amadeus aim to consolidate all relevant travel information

Lufthansa and Amadeus simplify flight bookings

The Lufthansa Group and travel technology provider Amadeus have entered into a pioneering partnership aimed at making the booking, amendment and management of flights more intuitive and straightforward for travellers. Central to the initiative is the introduction of an “Order ID”, a new single identification number that will ultimately replace existing booking and ticket numbers

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RESIDCO secures US$100m to accelerate engine acquisitions

RESIDCO has announced the closing of a US$100 million commercial aircraft engine acquisition facility provided by Huntington National Bank, a US$223 billion-asset regional bank headquartered in Columbus, Ohio. The newly established debt facility is designed to support RESIDCO’s strategic expansion in the global aviation secondary market, with a specific focus on the acquisition of high-demand

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