Deutsche Lufthansa AG (Lufthansa) has confirmed that it will exercise its option to increase its shareholding in ITA Airways from 41% to 90% in June this year. The move was approved by Lufthansa’s Supervisory Board following a decision by the Executive Board. Under the terms of the agreement, Lufthansa will acquire the additional 49% stake
Satair, an Airbus subsidiary, has successfully completed its acquisition of Unical Aviation (Unical), along with its subsidiary ecube, creating a leading global provider of Used Serviceable Material (USM) and aircraft lifecycle solutions. The transaction combines Unical’s extensive inventory and distribution network with ecube’s advanced aircraft disassembly and storage capabilities, alongside Satair’s established USM expertise through
Maverick Aviation Group has announced the acquisition of Genaire, a Canadian aerospace company with more than 70 years of experience supporting military and commercial aviation operators across the country. The acquisition widens Maverick’s capabilities in fuel cell and ground support equipment (GSE) repair and sales, while also strengthening its position within Canada’s aerospace and defence
Novus Aviation Capital (Novus), in partnership with Sumitomo Mitsui Trust Bank (SMTB), has launched the Ortus Aircraft Leasing Fund, L.P. III (Ortus III), the third in a series of operating leasing funds focused on acquiring Airbus and Boeing aircraft placed on lease with airlines worldwide. The launch of Ortus III comes amid continued strength in
StandardAero has acquired Unified Turbines, LLC (Unified Turbines) in an all-cash transaction. Unified Turbines marks StandardAero’s 14th acquisition since 2015 and its eighth within the Component Repair Services (CRS) segment. Founded in 1997 and operating from its facility in Milton, Vermont, Unified Turbines is an FAA Repair Station. The company provides hot section component repair
VSE Corporation (VSE) has disclosed that it has successfully finalised its acquisition of Precision Aviation Group (PAG), a portfolio company of GenNx360 Capital Partners (GenNx), in a transaction valued at approximately US$2.025 billion in cash and equity. “Today marks a significant milestone in executing our strategy to build a focused, high-quality aviation aftermarket platform,” said
Willis Lease Finance Corporation (WLFC) has reported its financial results for the first quarter ended March 31 2026 and announced a quarterly dividend of $0.40 per common share. The dividend is scheduled to be paid on 22 May 2026 to shareholders on record as of the close of business on May 11 2026. Willis Lease
TrueNoord has diclosed that investor Arcus Infrastructure Partners has firmly agreed to acquire an approximate 74% stake in the business, while founding investor Freshstream will re-invest to retain the remaining share. The move marks a significant step in the company’s growth, providing stable capital to support future aircraft acquisitions as TrueNoord continues to build a
AMETEK has announced that it has entered into a definitive agreement to acquire First Aviation Services, a provider of highly engineered, mission-critical defence and aviation maintenance, repair and overhaul (MRO) services, as well as a manufacturer of related proprietary components. First Aviation’s MRO capabilities encompass advanced electronics, rotor blades and assemblies, propellers, landing gear and
SMBC Aviation Capital has finalised a US$1.7bn greenshoe upsize of its original US$2bn syndicated facility announced in February as part of the acquisition of Sumisho Air Lease Corporation. The upsizing brings the total transaction to US$3.7bn, with the additional capital to be used for general corporate purposes. A total of 33 financial institutions participated in
