The Norwegian Group reported a weaker financial performance for the second quarter of 2026, although the airline said it maintained a strong focus on cost control and customer satisfaction. Norwegian and Widerøe also ranked among Europe’s top-performing airlines operationally as capacity ramped up ahead of the peak summer season. The group posted an operating loss
GetJet Airlines delivered solid financial results in 2025, reporting revenue of €165 million (2024: €164 million). EBITDA rose by almost 20% to €13 million from €10.9 million, while net profit reached €9.4 million. According to Inga Duglas, CEO of GetJet Airlines, the results reflect the company’s disciplined, long-term approach to growth. “2025 confirmed the strength
International Airlines Group (IAG) has made a strategic investment in Verve Motion, a wearable robotics company developing exosuits designed to support workers carrying out repetitive lifting tasks. The investment, made through IAGi Ventures, underlines the Group’s commitment to innovation to enhance operational resilience, safety and productivity across its aviation operations. The funding round also included
Aviation Capital Group (ACG) has secured a US$1.48 billion unsecured term loan facility through its wholly owned subsidiary, ACG Aircraft Financing Ireland DAC, with the facility guaranteed by ACG. The syndicated agreement, involving 33 lenders across multiple countries, matures in July 2031. Funds may be drawn until January 2027, although no amounts have been drawn
Sentry Aerospares (Sentry), a portfolio company of Acorn Capital Management, has acquired Canadian aircraft components distributor AirStart Inc., broadening its position in the regional aviation aftermarket and expanding its presence in North America. AirStart is an independent stocking distributor of rotable aircraft components, with a strong focus on regional aircraft platforms and an established position
Embraer has completed the acquisition of the remaining 50% stake in EZ Air Interior, its joint venture with Safran Cabin, as well as selected cabin interior assets in Brazil. The transaction gives Embraer full ownership of the Mexico-based operation, which has exclusively supported the manufacturer’s aircraft programmes since its establishment in 2012, producing components including
Setna iO, LLC (Setna), a Chicago-based global supplier of aftermarket aircraft parts, has completed its acquisition of a majority stake in J&C Aero (J&C), a Vilnius, Lithuania-based specialist in cabin interior engineering. First announced in February, the transaction strengthens Setna’s global maintenance, repair and overhaul (MRO) network and adds J&C’s certified cabin interior design, manufacturing,
Rcapital has completed the acquisition of Adams Aviation Supply Company from Incora, securing one of Europe’s leading distributors of parts and accessories for the general and business aviation maintenance sector. Founded in 1968, Adams Aviation has built a strong reputation for rapid parts delivery, industry-leading traceability and technical expertise. Headquartered in Crawley, West Sussex, the
Honeywell Aerospace has officially begun trading as an independent, publicly listed company on the Nasdaq following the completion of its spin-off from Honeywell Technologies. The company launches with more than 36,000 employees serving over 10,000 customers worldwide, building on more than a century of aerospace innovation dating back to the invention of the first autopilot
Rocket Lab has agreed to acquire satellite communications provider Iridium in a cash-and-stock transaction valuing the company at approximately US$8 billion, creating one of the most significant vertically integrated businesses in the global space industry. Under the agreement, Rocket Lab will acquire all outstanding Iridium shares for US$54 per share. The combined company will bring
