Emerald Airlines, the exclusive operator of Aer Lingus Regional services, has marked a major milestone in its brief but ambitious history by securing its first operating profit. The achievement, recorded in the year ending 2024, represents a decisive shift in the airline’s financial trajectory. After closing 2023 with an operating loss of €7.6 million, the
Republic Airways Holdings has confirmed the successful completion of its merger with Mesa Air Group, Inc. The deal, first announced on April 7, 2025, received shareholder approval from Mesa on November 17, 2025, clearing the final hurdle for the transaction to proceed. Under the agreed terms, Republic shareholders now hold roughly 88% of the combined
Warburg Pincus, a recognised pioneer in global growth investment, has confirmed its acquisition of Topcast Aviation Supplies Company Limited (Topcast), the largest independent distributor of civil aviation parts and a major MRO provider in the Asia Pacific region. The deal strengthens the firm’s long-standing commitment to high-growth aviation sectors and deepens its footprint across one
SmartLynx Latvia, once a central part of the Baltic ACMI and charter landscape, has officially ceased operations following a period of mounting financial pressure and significant corporate restructuring. Financial difficulties began to surface more clearly in recent months, coinciding with the decision by Avia Solutions Group to divest SmartLynx Airlines. The sale to a private
GE Aerospace has announced a US$14 million investment to expand capacity at its Pune, India, manufacturing facility as the site marks ten years of successful operations. This follows the US$30 million committed last year and will further strengthen the site’s capabilities through upgraded manufacturing processes and increased automation, including enhancements designed to support the production
“Amidst resurgent demand and rising costs we see a flexible industry – prepared for change” Aviation industry leaders are cautiously optimistic about the sector’s trajectory, as resurgent demand continues to clash with delivery delays, maintenance bottlenecks, and geopolitical uncertainty. ACC Aviation, a provider of ACMI (Aircraft, Crew, Maintenance, Insurance), Charter and Consulting services, has looked
Singapore Technologies Engineering has confirmed that its aerospace subsidiary, ST Engineering Aerospace (ST Engineering), signed an agreement on November 14, 2025, to divest its entire stake in Shanghai Technologies Aerospace Company (STARCO). The deal transfers all equity interests held by the group — amounting to 49% of the company and its corresponding paid-up registered capital
Etihad Airways has achieved a strong nine-month result. The performance highlights the airline’s growth, rising customer satisfaction, and continued efficiency improvements.Profit after tax reached AED 1.7 billion (US$ 463 million) for the first nine months of 2025, up 26% compared to the same period last year, lifting the airline’s profit margin to 8%, compared to
Phoenix Aviation Capital, the full-service aircraft lessor managed by AIP Capital (AIP), has announced the successful issuance of a US$592 million term loan facility, marking an important step in its next phase of growth. AIP Capital, an alternative investment manager focused on asset-based finance and backed by funds advised or controlled by affiliates of BC
TUI Group has issued its preliminary full-year results for FY 2025, reporting a strong rise in underlying Group EBIT that surpasses the upgraded guidance released in August. The company delivered underlying EBIT growth of 12.6% at constant currency, exceeding the forecast range of 9–11%. For the year ending 30 September 2025, TUI recorded preliminary underlying
