Woodward has agreed to sell its pilot controls product line and associated services to Ontic Engineering and Manufacturing (Ontic). The transaction forms part of Woodward’s broader strategy to streamline its portfolio and concentrate on higher-growth areas within its aerospace operations. The divestment includes a range of pilot control products used in both commercial and defence
Jeh Aerospace has signed a long-term agreement (LTA) with Liebherr-Aerospace to manufacture and supply high-precision components for landing gear systems on high-rate commercial single-aisle aircraft programmes. Under the agreement, Jeh Aerospace will produce these components at its dedicated facility in Hyderabad, India, becoming part of Liebherr-Aerospace’s global industrial network. The LTA was formalised during a
Aergo Capital has appointed Paul Sheridan as Chief Executive Officer (CEO), effective June 2, 2026, signalling a major leadership change for the global aircraft lessor and servicer. He will be based at the company’s Dublin headquarters and succeeds Eugene O’Reilly, who has held the position on an interim basis since January 2026. Sheridan brings more
Vertical Aerospace (Vertical), a global aerospace and technology company pioneering electric aviation, has signed an agreement in principle as part of a financing package totalling up to US$850 million. The comprehensive package provides the company with a strengthened capital runway to build on recent operational progress and support key strategic milestones over the next 12
Finnair has signed an agreement for up to 46 Embraer E195-E2 aircraft, including 18 firm orders, 16 options and 12 purchase rights. The E195-E2s will replace the airline’s older aircraft, underpinning its strategy for profitable growth. Chosen for its superior efficiency, reliability and passenger appeal, the E195-E2 is the quietest single-aisle jet currently available and
De Havilland Aircraft of Canada Limited (De Havilland Canada) is marking a defining moment in aviation history with the delivery of its 1,000th DHC-6 Twin Otter. This milestone aircraft, together with the 999th Twin Otter, will join the fleet of SATENA, Colombia’s state-owned regional airline, representing both a global production achievement and a significant step
Estonian-founded SkySelect, an AI-powered procurement platform for aviation parts, has raised US$9 million in new funding. Airlines currently face significant operational and financial challenges linked to parts sourcing. Globally, carriers hold around US$50 billion in excess inventory, much of it tied up in legacy procurement systems that lack real-time visibility. When aircraft are grounded due
SMBC Aero Engine Lease B.V. has announced the appointment of Stephen O’Dwyer as Chief Commercial Officer at SAEL, effective March 2026. O’Dwyer brings extensive experience in the aircraft and engine leasing sector, with a strong track record in commercial strategy and in building relationships with airlines and OEMs. Most recently, he served as Senior Vice
SMFL Helicopters (SMFLH), a new global helicopter lessor, has launched following the merger of two established industry players, positioning itself to reshape the rotorcraft leasing market through greater scale and innovation. The company has been formed after Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), through SMFL LCI Helicopters Limited, acquired LCI and Macquarie Rotorcraft
Dubai Aerospace Enterprise (DAE) has entered into a definitive agreement to acquire 100% of Macquarie AirFinance (MAF) for an approximate enterprise value of US$7 billion. The combined group will have a pro forma fleet of 1,029 owned, managed and committed aircraft and will serve 191 airline customers across 79 countries. Narrow-body aircraft will account for
