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
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
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,
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
Spirit AeroSystems Holdings, Inc. has announced an agreement to sell its Subang, Malaysia facility and associated businesses to Composites Technology Research Malaysia (CTRM) for US$95.2 million, subject to standard adjustments. The transaction follows Spirit’s earlier merger agreement with Boeing and a subsequent definitive agreement with Airbus, and is expected to conclude in the fourth quarter
Natixis Corporate & Investment Banking (Natixis CIB) has successfully underwritten a senior secured term loan to finance eleven Airbus A321ceo aircraft for LATAM Airlines Group S.A., the largest airline group in Latin America. LATAM, headquartered in Santiago, Chile, operates an extensive domestic and international route network, serving both passenger and cargo markets. Its diversified fleet,
Astronics Corporation, a key US-based supplier of advanced technologies to the aerospace and defence sectors, has reported mixed financial results for the second quarter of 2025, reflecting robust growth in its Aerospace segment counterbalanced by ongoing challenges in its Test Systems division. For the quarter ending June 28, 2025, consolidated sales were lifted by a
Willis Lease Finance Corporation (WLFC) has announced financial results for the second quarter (Q2 2025) ended June 30, 2025, posting total revenue of US$195.5 million, an increase of 29.4% compared with US$151.1 million for the same period in 2024. The company highlighted that this was its strongest quarter ever, reflecting robust leasing demand, strong utilisation
Barnes Aerospace has finalised its acquisition of the East Hartford Operations (EHO) division of ATI Forged Products, part of ATI Inc. This move is aimed at strengthening Barnes Aerospace’s position across both commercial and defence aerospace markets and broadening the scope of products and services it can offer to customers globally. The EHO facility, based
Joby Aviation (Joby) has signed a definitive agreement to acquire Blade Air Mobility’s (Blade’s) urban passenger transport business, marking a major step in its commercial growth strategy. The acquisition, valued at up to US$125 million in Joby stock or cash (at Joby’s election), includes all of Blade’s passenger operations across the US and Europe as
