JetZero has completed a senior secured term loan facility worth up to US$100 million, building on recent milestones for its all-wing aircraft programme. Designed for the mid-market segment, the aircraft will carry around 250 passengers over distances of up to 5,000 nautical miles and is expected to reduce fuel consumption and emissions by up to
SIA Engineering Company Limited (SIAEC) has completed its acquisition of a 30% stake in Arport Aircraft Maintenance & Engineering (Fujian), also called Arport AME. The transaction was completed on August, 26, 2026 after all conditions were met. This follows SIAEC’s announcement on March, 17, 2026 that it and its wholly owned subsidiary, SIAEC Global Private
Asia Digital Engineering (ADE), the MRO subsidiary of Capital A Berhad, reported a strong second-quarter performance, with revenue rising 29% year on year to RM284 million (US$70.6 million) for the three months ended June 30, 2026. The growth was driven by higher-value base maintenance checks and increased workshop orders, supported by greater demand for component
Apollo and KKR have formed a strategic partnership to support the continued growth of Atlantic Aviation, one of the largest private aviation infrastructure platforms in the U.S. Under the transaction, funds managed by Apollo have acquired a significant stake in Atlantic Aviation, while KKR-managed funds will remain a substantial shareholder. The deal values Atlantic Aviation
FlightSafety International Inc. (FSI) has signed a definitive agreement with Acron Technologies, a portfolio company of TJC LP, to acquire its Commercial Training Solutions (CTS) business. The acquisition includes CTS’s Training Systems, Training Services, Aviation Academy and Driver Training operations, significantly expanding FSI’s capabilities in the commercial aviation market while complementing its simulator manufacturing and
Saudia Group has signed a memorandum of understanding with Saudi Export-Import Bank (Saudi EXIM) and Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) to explore and arrange financing for the airline group’s acquisition of new Airbus aircraft. Under the MoU, Crédit Agricole CIB will act as financier and arranger, working to structure and provide
Icelandair Group has acquired a 49% stake in Fly Play Europe Holdco (FPE), giving the airline access to an additional European Air Operator Certificate (AOC) as it seeks greater operational flexibility and new international growth opportunities. Icelandair is acquiring the stake from FPE hs., a fund managed by Isafold Capital Partners, for US$686,000. FPE’s subsidiary,
Barnes Aerospace has completed its acquisition of Jet AirWerks, an Arkansas City, Kansas-based provider of inspection, repair, overhaul and disassembly services for commercial aeroengine components. The acquisition expands Barnes Aerospace’s component repair and overhaul (CRO) operations and strengthens its aftermarket offering. It also adds repair capabilities and technical expertise as the company targets further growth
BOC Aviation reported net profit after tax of US$357 million for the first half of 2026, up 4% year on year and marking another record result excluding non-recurring items. Total revenues and other income rose 4% from the first half of 2025 to US$1.3 billion, with the aircraft lessor reporting improvements across all its business
Air Canada reported record second-quarter operating revenues of CA$6.3 billion for 2026, supported by strong demand across its network. The Canadian flag carrier posted adjusted EBITDA of CA$719 million, at the top end of its guidance range for the quarter. It recorded an operating loss of CA$215 million, including CA$388 million in labour-related and other
