General Atomics has announced a CA$20 million (US$14.51), ten-year investment in Fusion Fuel Cycles, Inc. (FFC), a Canadian joint venture formed by Canadian Nuclear Laboratories (CNL) and Kyoto Fusioneering. The partnership will support the development of UNITY-2, a test facility dedicated to advancing the tritium fuel cycle, considered one of the most challenging but vital
Kenya Airways PLC has reported its financial results for the six months ending June 30, 2025, a period defined by considerable operational and financial turbulence. Central to the difficulties was the temporary grounding of three Boeing 787-8 Dreamliner aircraft, amounting to a third of the airline’s wide-body fleet. The grounding, caused by global supply chain
Latvia’s national airline, airBaltic, has wrapped up the attraction of a strategic investor, with Lufthansa Group stepping in alongside a matching co-investment from the Latvian state. All agreements are signed and formalities complete, bringing the total fresh funding to €28 million (US$32.5 million) and cementing a closer industrial link between the two airlines. Next, the
BOC Aviation has released its unaudited financial results for the first six months of 2025, highlighting strong growth in profitability, revenues and fleet expansion. The company posted a net profit after tax (NPAT) of US$342 million, representing a 20% rise in core profits compared with the previous year’s underlying performance. This figure marked a record
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
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.
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
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
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
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
