Acron Aviation has bought Trakka Systems, a frontrunner in mission-critical video and imaging technologies. Trakka’s systems support military, law enforcement, public safety, and commercial missions across air, sea, and land. Trakka will keep its brand name and continue operating independently. Yet it will now use Acron’s global network to grow faster. The deal opens new
Airbus has reported a robust financial performance for the first nine months of the year. The European planemaker’s sales rose 7% to €47.4 billion, driven by solid demand and improved output. Operating profit grew 25% to €3,365 million, while net profit jumped 46% to €2,641 million by the end of September. The figures reflect continued
Dubai Aerospace Enterprise (DAE) has released its financial results for the nine months (Q3) ending September 30, 2025. Financial Results: Total revenue rose to US$ 1,277.7 million, up 25.6% from US$ 1,017.1 million in the same period last year, driven by incremental lease revenue from newly acquired aircraft and higher maintenance income. Profit for the
VSE Corporation has announced a definitive agreement to acquire GenNx/AeroRepair IntermediateCo Inc., the parent company of Aero 3. The seller, GenNx360 Capital Partners, is a private equity firm with a strong record in industrial and service businesses. Aero 3 is a global provider of maintenance, repair and overhaul (MRO) services and aviation aftermarket distribution. The
Textron reported third quarter 2025 income from continuing operations of US$1.31 per share, up from US$1.18 in the same quarter of 2024. Adjusted income from continuing operations reached US$1.55 per share, compared to US$1.40 a year earlier. Total revenue increased by 5%, supported by gains at Aviation, Bell, and Textron Systems. Chairman and CEO Scott
American Airlines Group has announced its financial results for the third quarter of 2025, reporting record revenue of US$13.7 billion. Despite the strong performance, the airline posted a GAAP net loss of US$114 million, equivalent to US$(0.17) per diluted share. Excluding net special items, American Airlines reported an adjusted net loss of US$111 million, also
Onex Partners and WestJet have finalised the sale of minority equity stakes in the Canadian carrier to Delta Air Lines, Korean Air, and Air France-KLM. The sale marks a new chapter in WestJet’s international partnerships while keeping control with Onex Partners, the private equity platform of Onex Corporation. The transaction, first announced on May 9,
Jamco Corporation (Jamco), a Bain Capital portfolio company and Japan’s top manufacturer of aircraft cabin interiors, has announced the acquisition of Aerospace Technologies Group (ATG) by Bain Capital. The global investment firm manages assets worth around US$185 billion. Founded in 1998, ATG is a developer and supplier of window shade systems for both private and
Ashland Place Finance (Ashland Place) has completed its third and fourth aircraft financing facilities with affiliates of Fortress Investment Group and GOAL Aircraft Leasing. The deals involve the sale and leaseback of two new Embraer E195-E2 jets, delivered directly from Embraer and leased to Canada’s Porter Airlines. These latest transactions follow two similar financings announced
Lockheed Martin has reported a robust third quarter for 2025, with sales reaching US$18.6 billion, up from US$17.1 billion a year earlier. Net earnings remained steady at US$1.6 billion, or US$6.95 per share, slightly higher than the US$6.80 per share recorded in the same period of 2024. Cash from operations rose sharply to US$3.7 billion,
