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Financial

A220 aircraft © Airbus

Airbus Q1 hit by lower deliveries despite strong defence demand

Airbus has reported weaker first-quarter 2026 financial results, reflecting a drop in commercial aircraft deliveries, although its Defence and Space division delivered a robust performance. Chief Executive Guillaume Faury highlighted a challenging and fluid operating environment, including geopolitical uncertainty in the Middle East, while confirming that full-year guidance remains unchanged. Commercial aircraft orders were strong,

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The Norwegian Group has delivered significantly improved Q1 results

Norwegian narrows losses with strong Q1 performance

The Norwegian Group (Norwegian) has reported a strong set of results for the first quarter (Q1) of 2026, traditionally the weakest period of the year. The airline achieved a record first-quarter load factor of 87.6%, significantly reduced its operating losses and increased liquidity to NOK 14.2 billion. The performance reflects continued focus on cost control

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L2 Aviation buys Advance Aero

L2 Aviation has acquired Advance Aero, a precision machining and sheet metal fabrication specialist based in Mooresville, Indiana, in a move to strengthen its vertical integration and manufacturing capabilities. The deal forms part of L2 Aviation’s long-term strategy to expand control over key elements of its supply chain while enhancing support for aircraft installation and

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Novus Aviation has launched TAF III © Shutterstock

Novus launches third aviation finance fund, TAF III

Novus Aviation Capital, a Dubai-based aircraft leasing and financing platform, has announced the launch of Tamweel Aviation Finance III (TAF III), its third secured second-lien debt fund dedicated to financing Airbus aircraft. TAF III is a closed-end fund co-sponsored by Airbus, Development Bank of Japan Inc. and Novus. Building on the success of its predecessors,

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The investment from bd-capital will accelerate the development of IBA Insight and data-led capabilities

IBA secures growth investment from bd-capital

IBA, the aviation intelligence and advisory company, has announced a new partnership with bd-capital, a private equity firm focused on scaling data-led businesses. The investment will provide IBA with access to additional capital to accelerate its next phase of growth. IBA’s data and advisory solutions support decision-making across the aviation industry, with its insights and

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C-40 aircraft

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

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

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The Qantas Group has revised its FY26 outlook

Qantas flags fuel shock as Middle East conflict drives costs

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

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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

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

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

ATC expands MRO footprint with PAS MRO acquisition

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

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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

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

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