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Financial

Triumph Group

TRIUMPH goes private with Warburg Pincus and Berkshire Partners acquisition

Triumph Group (TRIUMPH) has reported the completion of its acquisition by private equity firms Warburg Pincus and Berkshire Partners, transforming the aerospace and defence supplier into an independent, privately held company. The move is intended to accelerate the company’s growth and strengthen its position as a leading provider of mission-critical engineered systems and proprietary components

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TXT Group has completed the acquisition of SmartRoutes® from Nexteon Technologies

HEICO acquires avionics company Gables Engineering

HEICO Corporation (HEICO) has announced the acquisition of Gables Engineering, Inc., a long-established leader in advanced avionics controls, for an undisclosed cash sum. The transaction, completed by HEICO’s Electronic Technologies Group, is expected to be accretive to HEICO’s earnings within one year of the purchase. Founded in 1946, Gables Engineering has built a strong reputation

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Honeywell

Honeywell delivers strong Q2 results, raises full-year outlook

Honeywell posted a solid second-quarter performance, meeting or exceeding all key guidance metrics and prompting management to upgrade its full-year outlook. The company posted year-over-year sales growth of 8%, with organic sales rising 5%, driven primarily by double-digit gains in defence and space operations, as well as UOP (its oil and gas process technologies division).

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Lockheed Martin reports lower profits and cash flow in Q2 2025

Lockheed Martin Corporation has reported second quarter 2025 sales of US$18.2 billion, compared to US$18.1 billion for the same period in 2024. Net earnings for the quarter stood at US$342 million, or US$1.46 per share, which included US$1.6 billion in programme losses and US$169 million in other charges. This is significantly lower than the US$1.6

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Chorus Aviation

Chorus Aviation to acquire Montreal-based Elisen & Associates

Chorus Aviation (Chorus) has announced an agreement to acquire Elisen & Associates Inc., a respected Montreal-based provider of aerospace engineering and certification services. Founded in 1997 by Stephane Durand and Taif Rahman, Elisen has cultivated a robust reputation for its expertise in highly technical aerospace projects. Its portfolio spans modifications for commercial, business and rotary

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Volaris © AirTeamImages

Volaris posts US$63 million net loss as revenues and margins decline

Volaris has posted a net loss of US$63 million for the latest quarter, equivalent to a loss of US$0.55 per American Depositary Share (ADS). Total operating revenues declined by 5% to US$693 million, driven by weaker unit revenues. Revenue per available seat mile (TRASM) dropped by 12% to US$7.80, despite a 9% increase in capacity,

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Safran acquires Collins Aerospace’s flight control business

Safran has officially closed the acquisition of Collins Aerospace’s flight control and actuation activities, marking a pivotal step in becoming a global leader in the field. These systems are essential to the operation of commercial and military aircraft, as well as helicopters, and are regarded as mission-critical components. The acquisition significantly strengthens Safran’s position in

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AAR reports strong revenue growth in fiscal year 2025

AAR has announced its full-year financial results for fiscal year 2025, revealing consolidated sales of US$2.8 billion—marking a 20% increase on the previous year. The substantial rise in revenue is primarily attributed to the acquisition of its Product Support business and heightened activity in its new parts distribution operations. The company also reported an improvement

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Aerial photo of Turner Aviation's Glasgow facility © PAG

PAG expands into EMEA with acquisition of Turner Aviation

Precision Aviation Group, Inc. (PAG), a provider of MRO services and aerospace solutions, has announced its entry into the EMEA (Europe, Middle East and Africa) market through the acquisition of Turner Aviation. This move marks PAG’s first operational facility within the region and is a key milestone in the company’s wider global expansion strategy. Based

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TXT Group has completed the acquisition of SmartRoutes® from Nexteon Technologies

Astronics strengthens certification capabilities with Envoy Aerospace acquisition

Astronics Corporation has reported the acquisition of Envoy Aerospace. The US$8 million deal aims to strengthen Astronics’ capabilities in aircraft connectivity, in-seat power systems and cabin modifications. Envoy Aerospace is a well-established provider of FAA Organisation Designation Authorisation (ODA) services, specialising in type certification solutions for aircraft and rotorcraft. The company supports customers in securing

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