Lufthansa Group and the Portuguese government have signed the agreement for the German airline group to acquire an initial 44.9% stake in TAP Air Portugal (TAP) for €1.025 billion, marking a major milestone in the airline’s privatisation. The agreement was signed at Lisbon’s Humberto Delgado Airport. Completion of the transaction remains subject to regulatory approval, […]
Lufthansa seals €1.025bn deal for TAP stake Read More »
Air Europa has extended its exclusive Boeing 787 nacelle maintenance agreement with Collins Aerospace, an RTX business, through 2037, securing long-term support for its Dreamliner fleet. The renewed agreement aims to improve operational reliability, strengthen maintenance planning and optimise costs for thrust reverser and nacelle services. As its fleet ages, the Spanish airline is adopting
Air Europa extends Boeing 787 nacelle deal to 2037 Read More »
Airbus Helicopters‘ U010 Aliaca vertical take-off and landing (VTOL) uncrewed aerial system has been qualified by France’s Armament General Directorate (DGA), clearing the system to enter service with the French Navy. The qualification follows an extensive test campaign conducted on land and at sea during May and June 2026 in collaboration with the French Navy.
Airbus Aliaca VTOL drone cleared for French Navy Read More »
Aviation aftermarket specialist AvAir has secured US$170 million in new revolving credit facilities from a group of six financial institutions to support its growth strategy. The financing was provided by HSBC Bank USA, Crédit Agricole Corporate and Investment Bank, First Citizens Bank, Western Alliance Bank, Flagstar Bank and Sunflower Bank. The additional borrowing capacity will
AvAir secures US$170m to fund expansion Read More »
Willis Lease Finance Corporation (WLFC) reported third-quarter revenue of US$246.3 million for the three months ended September 30, 2026, an increase of 34.3% compared with the same period last year. Lease rent revenue reached a quarterly record, rising 10.2% to US$84.4 million. Maintenance services revenue increased by 208.5% to US$11.2 million, while management and advisory
Willis Lease Finance posts US$246.3 million quarterly revenue Read More »
