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
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,
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
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, 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
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
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’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 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 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
