Onex Partners and WestJet have finalised the sale of minority equity stakes in the Canadian carrier to Delta Air Lines, Korean Air, and Air France-KLM. The sale marks a new chapter in WestJet’s international partnerships while keeping control with Onex Partners, the private equity platform of Onex Corporation. The transaction, first announced on May 9,
Jamco Corporation (Jamco), a Bain Capital portfolio company and Japan’s top manufacturer of aircraft cabin interiors, has announced the acquisition of Aerospace Technologies Group (ATG) by Bain Capital. The global investment firm manages assets worth around US$185 billion. Founded in 1998, ATG is a developer and supplier of window shade systems for both private and
Ashland Place Finance (Ashland Place) has completed its third and fourth aircraft financing facilities with affiliates of Fortress Investment Group and GOAL Aircraft Leasing. The deals involve the sale and leaseback of two new Embraer E195-E2 jets, delivered directly from Embraer and leased to Canada’s Porter Airlines. These latest transactions follow two similar financings announced
Lockheed Martin has reported a robust third quarter for 2025, with sales reaching US$18.6 billion, up from US$17.1 billion a year earlier. Net earnings remained steady at US$1.6 billion, or US$6.95 per share, slightly higher than the US$6.80 per share recorded in the same period of 2024. Cash from operations rose sharply to US$3.7 billion,
For the third quarter 2025, the Norwegian Group has posted a profit before tax (EBT) of NOK 2,891 million and an operating profit (EBIT) of NOK 3,071 million. The period also marked key milestones. The company paid its first-ever dividend in August and confirmed the purchase of 30 additional new Boeing aircraft. During the quarter,
Acron Aviation has announced the acquisition of Honeywell’s Thermal Switches product line. This milestone marks the company’s second acquisition in just six months, following its launch as a standalone business in March 2025. The strategic purchase strengthens Acron Aviation’s focus on supplying high-reliability components for the global aviation and space sectors. It also reinforces the
BOND, the fractional aviation company, has secured US$320 million in preferred equity and debt financing. The funding round was led by credit funds and accounts managed by KKR, a global investment firm. An additional US$30 million in equity was contributed by BOND’s founding partners. As demand for private air travel reaches record highs, BOND enters
Aero NextGen, the aviation sector’s foremost digital solution brokerage, has announced its acquisition of Digital Flight, a premier online marketplace and visibility platform for aviation technology providers. The move marks a major step forward for both companies and ushers in a new era of digital enablement, integration, and transparency across the aviation and MRO sectors.
Exolum, a European energy logistics company, will invest £4.5 million (US$6 million) in a new sustainable aviation fuel (SAF) blending facility. The site will be located at Redcliffe Bay in south-west England. It marks the start of a national network of SAF blending hubs across the UK. Supporting the UK’s Green Aviation Goals The announcement
Aero-Dienst, the German full-service provider for business aviation and air ambulance operations, has acquired Swiss company AeroVisto Interior Services. The deal marks a key milestone in Aero-Dienst’s international growth strategy and strengthens its presence in the European aviation market. As a 100% subsidiary of ADAC SE, Aero-Dienst has decades of experience in aircraft maintenance, air
