Japanese trading company ITOCHU Corporation (ITOCHU) has completed its investment in Aviation Capital Group (ACG), acquiring a 50% equity interest in TC Skyward Aviation U.S. (SKY-U), following receipt of all necessary regulatory approvals. The transaction, announced on August 3, 2026, involved the acquisition of half of SKY-U, which was previously wholly owned by Tokyo Century […]
ITOCHU completes investment in ACG Read More »
American Airlines and other signatory carriers have secured a new 10.5-year Airline Use and Lease Agreement with Charlotte Douglas International Airport (CLT), approved by Charlotte City Council, paving the way for approximately US$2 billion in infrastructure investment. The investment programme, known as CLT Beyond, will cover improvements to the terminal, airfield and key airport facilities.
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Brazilian aircraft manufacturer Embraer reported record third-quarter revenue of US$2.3 billion, up 17% year on year, with all business units delivering higher contributions. Adjusted earnings before interest and tax (EBIT) reached US$254.8 million, representing a margin of 10.9%, compared with 8.6% in the same period last year. Adjusted free cash flow, excluding Eve, totalled US$627.7
Embraer raises guidance after record US$2.3bn quarter Read More »
General Atomics AeroTec Systems has begun construction of a new maintenance, repair and overhaul (MRO) facility at Nordholz in Germany, marking the first phase of an investment to expand its aviation capabilities. The 40,000-m² site, located next to Cuxhaven/Nordholz airfield, will provide additional maintenance capacity for various aircraft types. Four MRO hangar bays are expected
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EasyJet shareholders have approved the airline’s £5.7bn (US$7.61bn) takeover by US private equity group Apollo Global Management, clearing a major hurdle for the deal, according to the BBC. The Luton-based airline said 97.07% of shareholders voted in favour of the acquisition at a meeting on Wednesday, November 11. The transaction is expected to be completed
EasyJet shareholders back £5.7bn Apollo takeover Read More »
CDB Aviation, the Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has signed lease agreements with Turkish leisure and charter airline Freebird Airlines for two Airbus A321ceo aircraft. The transaction will support the continued development of Freebird Airlines’ all-Airbus fleet. The aircraft will feature a special livery commemorating the airline’s 25th anniversary and
CDB Aviation leases two A321s to Freebird Airlines Read More »
