Deutsche Lufthansa AG reported an 8% increase in second-quarter revenue, but profit fell sharply as higher fuel costs and strike-related disruptions outweighed strong passenger demand. Revenue rose to €11.1 billion in the quarter from €10.3 billion a year earlier. Adjusted EBIT declined to €383 million from €870 million, while the adjusted EBIT margin narrowed to […]
Lufthansa Q2 profit hit by fuel, strikes Read More »
Embraer has confirmed that Colombia’s Fuerza Aeroespacial Colombiana (FAC) has signed a contract to acquire two KC-390 Millennium multi-mission aircraft, advancing the country’s plans to modernise its airlift and aerial refuelling capabilities. The contract includes mission equipment, an integrated services and support package, and a comprehensive offset programme to meet Colombia’s regulatory requirements. The KC-390
Embraer wins Colombia KC-390 order Read More »
Willis Lease Finance Corp. (WLFC) has reported its financial results for the second quarter (Q2) ended June 30, 2026, as the company continued expanding its asset management platform. Chief Executive Officer Austin C. Willis said the first half of 2026 focused on establishing Willis Aviation Capital, with assets under management (AUM) increasing 21% year over
Willis Lease Q2 profit boosted by asset sales, expands AUM Read More »
The Qantas Group and Japan Airlines (JAL) have signed a binding agreement that will see the Qantas Group exit Jetstar Japan through a share buyback, paving the way for a Japanese capital-led ownership structure for the low-cost carrier. The transaction, which remains subject to regulatory approvals, follows a memorandum of understanding announced in February 2026.
Qantas exits Jetstar Japan Read More »
Network Airline Management (NAM) has expanded its freighter fleet with the addition of a Boeing 747-400BCF, increasing its Boeing 747 fleet to five aircraft. The converted freighter entered service at the end of July 2026 and will operate from the company’s hub in Liège, Belgium. The aircraft adds payload capacity, long-range capability and flexible main-deck
NAM adds fifth Boeing 747 Freighter Read More »
Aircraft aftermarket solutions provider 3TOP Aviation Services has appointed Matthew Clay as Chief Financial Officer. He joins the company with senior finance leadership experience across the banking, insurance and aviation sectors. He will oversee 3TOP’s financial strategy as the company pursues its growth and transformation plans. Chief Executive Chris Emechete said Clay’s experience would support
3TOP names Matthew Clay new CFO Read More »
Atlas Air Worldwide (Atlas) has completed its previously announced strategic investment in Air Atlanta, acquiring a 49% minority stake in the Icelandic ACMI operator and expanding its global wide-body operating platform. As part of the transaction, Atlas subsidiary Titan Aviation Holdings acquired the aircraft owned by the Air Atlanta group and entered into a long-term
Atlas completes Air Atlanta investment Read More »
Daher Aircraft has delivered the first TBM 980 to a customer in Brazil, marking the introduction of its latest high-performance turboprop in one of the company’s key growth markets. The aircraft was delivered to a Brazilian entrepreneur upgrading from a TBM 900. The customer selected the TBM 980 for its third-generation Garmin G3000 PRIME avionics,
Daher delivers first TBM 980 in Brazil Read More »
Boeing has received an amended type certificate (ATC) from the U.S. Federal Aviation Administration (FAA) for the 737-7, clearing the aircraft for entry into commercial service. The certification follows a multi-year programme conducted under FAA oversight, including extensive flight and ground testing, human factors evaluations and system safety assessments. The approval validates the aircraft’s design
FAA certifies Boeing 737-7 Read More »
ITOCHU Corporation has agreed to acquire a stake in Aviation Capital Group (ACG), joining Tokyo Century in the ownership of one of the world’s largest aircraft lessors through a new joint management structure. The Japanese trading house will acquire a 50% equity interest in TC Skyward Aviation U.S., Inc., a wholly owned subsidiary of Tokyo
ITOCHU to join ACG ownership in US$1.95bn deal Read More »
