Heike Tamm

Korean Air and Asiana Airlines secure board and shareholder approvals for merger

Korean Air, Asiana approve merger

Korean Air’s board and Asiana Airlines’ shareholders have formally approved their merger agreement, clearing a key step towards the launch of the combined airline on December 17, 2026. Korean Air’s board ratified the agreement on August 12, under the small-scale consolidation provisions of Korea’s Commercial Act. At an extraordinary general meeting held the same day, […]

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The TrakkaCam is a multispectral imaging system designed for surveillance and reconnaissance missions

GA-ATS adds TrakkaCam to Do228 NXT

General Atomics AeroTec Systems (GA-ATS) has partnered with Sweden’s TRAKKA Systems to offer the TrakkaCam TC-375 imaging system as an integrated equipment option for the Do228 NXT. The agreement expands the sensor and mission equipment portfolio available for the German manufacturer’s next-generation multi-purpose aircraft, which completed its first flight and made its public debut in

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Vertical at this year's Farnborough International Airshow

Vertical Aerospace secures US$100m financing

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

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

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

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

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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