Heike Tamm

Setna iO has expanded its credit facility

Setna expands credit facility to fuel global growth

Setna iO has announced the successful amendment and expansion of its commercial credit facility, increasing total borrowing capacity to US$550 million. This development underscores the company’s strong financial position, characterised by robust earnings, low leverage, and a scalable global platform. The expanded facility reflects the continued confidence of six leading commercial banks in Setna’s long-term

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© DASI Warehouse

Marubeni secures full control of DASI

Marubeni Corporation has completed the acquisition of the remaining 50% stake in DASI, a prominent global provider of commercial aviation inventory solutions, thereby making it a wholly owned subsidiary. The transaction was executed through Marubeni Aviation Asset Investment LLC, its U.S.-based aviation aftermarket and asset trading arm. This move reflects Marubeni’s strategic intent to strengthen

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New South Korean carrier SUM Air has ordered four ATR 72-600 aircraft © SUM Air

South Korea’s SUM Air orders new ATR aircraft

SUM Air, South Korea’s newest regional airline, has placed an order for four new ATR 72-600 aircraft, with options for four additional units, with deliveries scheduled from 2028. The agreement was signed during the France–Korea bilateral economic forum in Seoul, attended by the French President, marking a significant milestone for the airline, which commenced commercial

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CC-330 Husky

Canada awards MAS CA$1.1bn support contracts

The Government of Canada has awarded MAS, an L3Harris Technologies company, two contracts with an initial combined value of approximately CA$1.1 billion to provide aircraft fleet sustainment and materiel support. The awards align with Canada’s defence priorities, including Arctic sovereignty and support for allied operations. Under a ten-year maintenance contract and a seven-year materiel contract—both

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Shahin Mehrabanzad Vice President Engine Programmes and Support Solutions

Azorra expands engine portfolio with DAE deal

Azorra has announced the successful acquisition of nine General Electric CF34-10E engines from Dubai Aerospace Enterprise (DAE). The CF34-10E engines, which power Embraer E190 and E195 aircraft, will be incorporated into Azorra’s existing engine portfolio and leased to airline customers worldwide. Shahin Mehrabanzad, Vice President – Engine Programmes and Support Solutions, said: “Our latest engine

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Embraer has delivered 44 aircraft in the first quarter of 2026

Embraer deliveries surge in strong first quarter

Embraer delivered 44 aircraft in the first quarter of 2026, marking a 47% year-on-year increase compared with 30 jets in the same period of 2025. The improvement was supported by advances in the company’s production levelling initiatives. In Commercial Aviation, ten aircraft were delivered during the quarter, including three E195-E2 models—the largest jets currently produced

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Portuguese carrier TAP is being put up for sale by the government

Air France–KLM and Lufthansa submit non-binding offers for TAP Air Portugal

The long-anticipated privatisation process of TAP Air Portugal (TAP) has entered a decisive phase, as two of Europe’s largest airline groups—Air France–KLM and Lufthansa Group—have formally submitted non-binding offers for the Portuguese flag carrier. The development marks a significant step in the restructuring of Europe’s aviation landscape, with TAP positioned as a strategically valuable asset

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