11 August 2026

Vertical at this year's Farnborough International Airshow

Vertical Aerospace secures US$100m financing

Financial

Vertical Aerospace (Vertical) has secured financing commitments of approximately US$100 million from existing and new investors to support continued progress towards the certification and commercialisation of its Valo aircraft platform. The financing comprises three components, including US$40 million from Mudrick Capital Management through a recently completed US$5 million draw and an accelerated US$35 million draw […]

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Jason Liberty (l) and Varun Krishna (r)

Southwest bolsters Board with two CEOs

People

Southwest Airlines has appointed Jason Liberty, Chairman and Chief Executive of Royal Caribbean Group, and Varun Krishna, Chief Executive of Rocket Companies, to its Board of Directors with immediate effect. The airline said the appointments will strengthen the board’s expertise in technology, digital innovation, commercial strategy and financial leadership as Southwest continues to execute its

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AerFin and Lufthansa Technik signing the multi-platform component consignment agreement © AerFin

AerFin, Lufthansa Technik strike component deal

MRO & Production

AerFin and Lufthansa Technik have signed a new multi-platform component agreement aimed at improving material availability and providing greater flexibility across the aviation supply chain. Under the agreement, AerFin will provide Lufthansa Technik with access to serviceable material covering a range of Airbus and Boeing aircraft, including the A320ceo, A320neo and A330 families, as well

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MoU signing between NOEMI and Pawan Hans

NOEMI targets India’s seaplane market

Aircraft & Engines

NOEMI Aerospace (NOEMI) has signed a memorandum of understanding (MoU) with Pawan Hans Ltd., one of India’s leading helicopter operators, to explore the introduction of electric amphibious aircraft for regional air transport across the country. The agreement represents a significant step for NOEMI’s electric amphibious aircraft programme as the company seeks to expand its international

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Saudia Cargo B777F aircraft

DAE agrees four-aircraft 777F deal with Saudia

Aircraft & Engines, Top Stories

Dubai Aerospace Enterprise (DAE) has signed a purchase-and-leaseback agreement with Saudia covering four new Boeing 777F aircraft. The aircraft are scheduled for delivery between October 2026 and May 2027 and will be leased to the Saudi Arabian flag carrier under long-term agreements. DAE said the additional 777Fs would support Saudia’s expanding cargo operations and increase

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