AviTrader sponsorship ad

Financial

© TrustFlight

TrustFlight strengthens aviation safety with triple acquisition

TrustFlight, a prominent aviation safety and compliance company, has acquired three specialist firms from Wheels Up. These are Baines Simmons, Kenyon Emergency Services and Redline Assured Security. With this move, TrustFlight becomes the only integrated partner in the industry offering training, regulatory expertise, aviation security, quality assurance and full-spectrum incident support under one umbrella. As

Read More »
© Astro Mechanica

United Airlines Ventures backs start-up Astro Mechanica

United Airlines Ventures (UAV), the venture capital arm of United Airlines, has revealed an investment in aerospace start-up Astro Mechanica, a company working on adaptive propulsion and advanced airframe concepts that could enable the next generation of supersonic aircraft. These technologies carry near-term potential for applications in national defence, orbital launch, and long-range cargo transportation.

Read More »
Air Europa

Turkish Airlines takes minority stake in Air Europa

Spanish carrier Air Europa, the airline of the Globalia Group, has accepted Turkish Airlines’ offer to acquire a minority stake in its shareholding, specifically more than 26%, equivalent to around €300 million. According to Europa Press, the transaction is being carried out through a €275 million convertible loan and an additional €25 million purchase of

Read More »
© Beam

Comply365 buys Beams to strengthen AI safety and risk management

Comply365, a global provider of operational content, safety and training management solutions, has announced the acquisition of Beams Technology GmbH (Beams). Beams is widely recognised for its pioneering AI safety solutions, designed to automate aviation safety data processing and enable predictive risk management. The deal marks a major milestone in Comply365’s strategy to embed artificial

Read More »

IFS acquires 7bridges to boost AI supply chain capabilities

IFS has announced the acquisition of 7bridges, an AI-driven supply chain management company. The move strengthens IFS’ position as a leader in Industrial AI, particularly in logistics and transport optimisation. 7bridges uses advanced AI simulation and analytics to streamline supply chains. Its platform automates logistics networks by combining rapid data capture, a strong semantic data

Read More »
Qantas

Qantas fined record AU$90 million over illegal staff sackings

Qantas has been ordered to pay a record AU$90 million penalty for unlawfully dismissing 1,820 baggage handlers and other ground staff in 2020, taking the overall cost of its controversial outsourcing move to more than AU$200 million. The federal court decision was handed down in Sydney by Justice Michael Lee, almost a year after the

Read More »
Eve Air Mobility

Eve Air Mobility secures U$230 million in dual listing fundraising

Eve Air Mobility, the Urban Air Mobility (UAM) developer focusing on electric vertical take-off and landing (eVTOL) aircraft, has announced a significant capital raise through a registered direct offering. The company has entered subscription agreements with BNDESPAR, the investment arm of the Brazilian Development Bank (BNDES), Embraer, and other institutional investors to issue and sell

Read More »

AAR acquires Aerostrat to boost maintenance planning software

AAR CORP., a major provider of aviation services to commercial and government operators, MROs and OEMs, has acquired Aerostrat. The deal is worth US$15 million plus up to US$5 million in contingent consideration. The move strengthens AAR’s software portfolio and enhances the enterprise resource planning capabilities of its Trax subsidiary. Aerostrat is a respected provider

Read More »
© CAE

CAE posts higher revenue and earnings in Q1 fiscal 2026

CAE has reported its results for the fiscal first quarter 2026 ended June 30, 2025. Revenue reached CA$1,098.6 million, up from CA$1,072.5 million in the same quarter last year. Earnings per share (EPS) were CA$0.18, compared with CA$0.15 last year. Adjusted EPS was CA$0.21, unchanged year over year. Operating income came in at CA$133.8 million,

Read More »
Flags in front of Fraport's headquarters © Fraport

Fraport sees passenger and revenue growth despite profit drop

Fraport AG has reported a stronger business performance in the second quarter of 2025, driven by passenger growth across its global network of airports. Over the first half of the year, approximately 77 million passengers used Fraport’s Group airports, representing a 3.8% increase compared with the same period in 2024. This growth in traffic contributed

Read More »
AviTrader sponsorship ad