AAR secures US$305m US Navy C-40A support deal

April 15, 2026

AAR CORP has been awarded a contract worth approximately US$305 million to provide contractor logistics support for the United States Navy and Marine Corps C-40A fleet. AAR’s support will ensure the aircraft’s continued operational readiness and long-term sustainment, reinforcing their ability to meet mission requirements. The firm fixed-price, indefinite-delivery/indefinite-quantity contract covers main operating base logistics

The Qantas Group has revised its FY26 outlook

Qantas flags fuel shock as Middle East conflict drives costs

April 14, 2026

The Qantas Group has revised its FY26 outlook, citing significant disruption stemming from the conflict in the Middle East, particularly through sharply higher and volatile fuel costs. Fuel outlook has deteriorated materially since the Group’s 1H26 update. Jet fuel prices have more than doubled, driven largely by a surge in refining margins, which climbed from

Air Lease has been delisted from the New York Stock Exchange and taken private, and the business was renamed "Sumisho Air Lease"

Sumitomo completes Air Lease take-over, creates Sumisho Air Lease

April 9, 2026

Sumitomo Corporation has completed the acquisition of US-based aircraft leasing company Air Lease Corporation (Air Lease), alongside co-investors SMBC Aviation Capital, Apollo and Brookfield. The transaction, first announced in September 2025, closed on April 8, (EDT), with Air Lease delisted from the New York Stock Exchange and rebranded as Sumisho Air Lease. The deal creates

Aircraft,Maintenance,Mechanic,Inspecting,And,Working,On,Airplane,Jet,Engine

ATC expands MRO footprint with PAS MRO acquisition

April 8, 2026

Air Transport Components (ATC Group) has announced the acquisition of PAS MRO, a specialised provider of bearing repair services. The strategic move strengthens ATC Group’s expanding portfolio of capabilities and broadens its presence in high-value component repair, enhancing service offerings to airline, OEM and aftermarket customers worldwide. PAS MRO, based in Bristow, Oklahoma, brings a

HEICO Flight Support Group has acquired 80% of the stock of Sherwood Avionics and Accessories © HEICO Flight Support Group

HEICO takes majority stake in Sherwood

April 8, 2026

HEICO’s Flight Support Group has acquired an 80% stake in Sherwood Avionics and Accessories (Sherwood), with the remaining ownership retained by members of Sherwood’s management team. Terms of the transaction were not disclosed. HEICO said it expects the acquisition to be earnings accretive within the first year following completion. Founded in 1992 and headquartered near

GetJet secures US$31m in external financing from volofin

April 7, 2026

GetJet Airlines (GetJet) has secured US$31 million in external financing from London-based volofin Capital Management, providing fresh momentum to its ‘Growth Strategy 2026’. The funding is aimed at expanding the group’s fleet and scaling its aviation asset management capabilities. The capital will support the acquisition of up to five additional narrow-body aircraft, with integration into

Setna iO has expanded its credit facility

Setna expands credit facility to fuel global growth

April 7, 2026

Setna iO has announced the successful amendment and expansion of its commercial credit facility, increasing total borrowing capacity to US$550 million. This development underscores the company’s strong financial position, characterised by robust earnings, low leverage, and a scalable global platform. The expanded facility reflects the continued confidence of six leading commercial banks in Setna’s long-term

HALO closes Boeing 737-800 loan deal

April 1, 2026

HALO AirFinance (HALO), a joint venture between GA Telesis (GAT) and Tokyo Century Corporation (TC), has completed a senior term loan for an entity owned and managed by Crestone Air Partners. The financing is secured by a mature Boeing 737-800 aircraft operated by an established Asian flag carrier. Loan proceeds were used to refinance existing

Vertical Aerospace secures up to US$850m funding boost

March 31, 2026

Vertical Aerospace (Vertical), a global aerospace and technology company pioneering electric aviation, has signed an agreement in principle as part of a financing package totalling up to US$850 million. The comprehensive package provides the company with a strengthened capital runway to build on recent operational progress and support key strategic milestones over the next 12

AAR posts strong Q3 growth with return to profit

March 30, 2026

AAR CORP. has reported financial results for the third quarter (Q3) of fiscal year 2026, ended February 28, 2026, with consolidated sales rising 25% to US$845.1 million from US$678.2 million a year earlier. Sales to commercial customers increased 27% (US$130 million), driven by double-digit organic growth in new parts distribution and contributions from the acquisitions

Financial