Competition to become a strategic shareholder in TAP Air Portugal has intensified after both Lufthansa Group and Air France-KLM confirmed they have submitted bids to Parpública, Portugal’s state-owned investment company, as part of the ongoing privatisation process for the flag carrier. Lufthansa Group announced it has submitted a bid for an initial minority stake in
Airbus reported higher revenue and earnings for the first half of 2026 (H1), driven by increased commercial aircraft deliveries and a strong performance at its Defence and Space division. “Our good H1 results mainly reflect the higher level of commercial aircraft deliveries and strong performance in Defence and Space, against the backdrop of a complex
Regional aircraft lessor TrueNoord has completed the sale of an approximately 74% stake to Arcus Infrastructure Partners (Arcus), while founding investor Freshstream has reinvested to retain the remaining shareholding. The transaction provides TrueNoord with long-term capital to support the next phase of its growth strategy, including expanding its portfolio of Embraer, ATR, Airbus and De
Porter Aviation Holdings, the parent company of Porter Airlines, has secured financing from the Brazilian Development Bank (BNDES) for up to 19 Embraer E195-E2 aircraft, covering deliveries through December 2030. The financing, backed by export credit insurance from Brazil’s Export Credit Guarantee Fund (FGE), supports aircraft from Porter’s existing firm order for 75 E195-E2s. The
Dubai Aerospace Enterprise (DAE) has completed its previously announced acquisition of Macquarie AirFinance (MAF) in a transaction with an enterprise value of about US$9 billion. The deal expands DAE’s portfolio to around 1,000 owned, managed and committed aircraft, cementing its position as the world’s third-largest aircraft lessor by fleet value and number of owned and
ACC Aviation has completed a major independent aircraft asset monitoring assignment for a leading international aviation finance institution. The consultancy provided ongoing technical oversight of a portfolio of next-generation commercial aircraft, delivering independent assessments of aircraft condition, maintenance activity, operational status and emerging technical risks. The mandate included physical aircraft inspections, technical records reviews, maintenance
Ryanair Holdings reported a 34% drop in first-quarter profit after tax to €538 million as higher fuel costs and weaker ticket prices offset continued passenger growth. The airline’s Q1 profit fell from €820 million a year earlier after the cost of its 20% unhedged jet fuel more than doubled during the quarter, while average fares
AvAir has acquired Full Stop Technics, adding FAA- and EASA-certified wheel and brake MRO capabilities to its aviation aftermarket business. The acquisition expands AvAir’s service offering by combining its inventory business with in-house wheel and brake repair capabilities, enabling the company to provide integrated parts supply and MRO support to airlines, original equipment manufacturers (OEMs)
NOEMI Aerospace has secured NOK30 million (€3 million) from Innovation Norway to support the flight test programme for its electric amphibious aircraft, advancing what could become the world’s first certified electric amphibious aircraft for commercial passenger transport. The public funding will be matched by €4 million from private investors, bringing the total funding for the
Sigma Advanced Systems, the parent company of Nasmyth, has agreed to acquire UK aerospace manufacturer Bromford Precision Solutions (Bromford), strengthening the group’s manufacturing capabilities and reinforcing its position in the global aerospace and defence supply chain. The acquisition expands Nasmyth’s expertise in complex aero engine structures, precision machining and critical engine components, broadening its manufacturing
