Capital A Berhad has completed the disposal of its aviation businesses, AirAsia Berhad and AirAsia Aviation Group Limited, to AirAsia X Berhad (AAX), as disclosed in its Bursa Malaysia announcement dated 16 January. The move concludes a six-year restructuring process initiated after the COVID-19 shock and marks a structural reorganisation of the wider group, rather
Mercuria Investment Co. (MIC), a subsidiary of Mercuria Holdings (MHD), and Airborne Capital Limited (ACL), an aircraft leasing and asset management company headquartered in Ireland, have agreed to jointly establish and operate a new open-ended aircraft fund, MACH OE. To date, MIC and ACL have jointly offered closed-ended aircraft funds with portfolios tailored to Japanese
Eve Air Mobility (Eve) has announced an agreement with the Export-Import Bank of the United States (EXIM Bank) and the Private Export Funding Corporation (PEFCO). The arrangement will provide financing for costs incurred with US-based suppliers supporting Eve’s electric vertical take-off and landing (eVTOL) programme. The funding will be used to procure batteries and engineering
AxioAero Group (AxioAero), a newly established aerospace and aviation-focused holding company, has acquired Airway Aerospace LLC (Airway), a Florida-based repair station certified by the FAA, EASA and the UK CAA. The transaction represents AxioAero’s second acquisition, following the purchase of Aviation Concepts, LLC in January 2024, and underscores the Group’s strategy to build a portfolio
New Horizon Aircraft has reported its financial and operational results for the second quarter of fiscal 2026, ended November 30, 2025, highlighting continued progress across its development, financial and organisational priorities. During the quarter, the company made significant advances on its full-scale hybrid-electric Cavorite X7 aircraft, with assembly of the first prototype expected in 2026
LAUNCH Technical Workforce Solutions, a provider of technical workforce solutions and services to the aviation industry, has announced the acquisition of JMC Aviation, a global engineering solutions and aviation recruitment specialist headquartered in Exeter, United Kingdom. JMC Aviation delivers a wide range of technical solutions across the UK, the European Union, Canada and other international
Allegiant and Sun Country Airlines have announced a definitive merger agreement under which Allegiant will acquire Sun Country in a combined cash and share transaction valuing the airline at approximately US$1.5 billion, including US$0.4 billion of net debt. The implied value is US$18.89 per Sun Country share. Under the terms of the agreement, Sun Country
CDB Aviation Hong Kong (Limited), a Hong Kong–incorporated entity wholly owned by CDB Aviation, has executed a new Sustainability-Linked Loan (SLL) transaction, anchored by a five-year unsecured term loan facility totalling US$710 million. The transaction was completed on December 19, 2025. The financing represents a significant milestone for CDB Aviation, as it marks the first
AkzoNobel is investing €50 million (US$58 million) to upgrade its Waukegan, Illinois, facility in the US – the company’s largest aerospace coatings production site. The two-phase project will increase capacity through new machinery and higher levels of automation, while also creating a new warehouse across the state border in Wisconsin. “This investment will strengthen our
The Blackhawk Group (TBG), a provider of turboprop performance solutions, has acquired Alaska-based Silver Sky Aviation. The transaction establishes Wasilla as the sixth location in TBG’s expanding Performance Center Network and extends the company’s footprint into one of the world’s fastest-growing turboprop markets, where performance is a critical requirement. TBG is a portfolio company of
