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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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Vertical Aerospace secures US$100m financing
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Vertical Aerospace (Vertical) has secured financing commitments of approximately US$100 million from existing and new investors to support continued progress towards the certification and commercialisation of its Valo aircraft platform. The financing comprises three components, including US$40 million from Mudrick Capital Management through a recently completed US$5 million draw and an accelerated US$35 million draw planned by 12 August 2026. …
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NOEMI targets India’s seaplane market
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NOEMI Aerospace (NOEMI) has signed a memorandum of understanding (MoU) with Pawan Hans Ltd., one of India’s leading helicopter operators, to explore the introduction of electric amphibious aircraft for regional air transport across the country. The agreement represents a significant step for NOEMI’s electric amphibious aircraft programme as the company seeks to expand its international commercial presence and tap into …
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Southwest bolsters Board with two CEOs
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Southwest Airlines has appointed Jason Liberty, Chairman and Chief Executive of Royal Caribbean Group, and Varun Krishna, Chief Executive of Rocket Companies, to its Board of Directors with immediate effect. The airline said the appointments will strengthen the board’s expertise in technology, digital innovation, commercial strategy and financial leadership as Southwest continues to execute its strategic priorities. Liberty has led …
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AerFin, Lufthansa Technik strike component deal
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AerFin and Lufthansa Technik have signed a new multi-platform component agreement aimed at improving material availability and providing greater flexibility across the aviation supply chain. Under the agreement, AerFin will provide Lufthansa Technik with access to serviceable material covering a range of Airbus and Boeing aircraft, including the A320ceo, A320neo and A330 families, as well as the Boeing 737NG, 737 …
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Archer secures Boeing businesses in equity deal
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Archer has announced a deal to acquire three businesses from Boeing – Wisk, Insitu and SkyGrid – in a transaction that will see Boeing take a strategic equity stake in Archer and deepen collaboration between the two companies. Following completion, Archer said its product portfolio will span piloted air taxis, unmanned aircraft systems (UAS) across Groups 2 to 5, purpose-built …
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DAE agrees four-aircraft 777F deal with Saudia
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Dubai Aerospace Enterprise (DAE) has signed a purchase-leaseback agreement with Saudia covering four new Boeing 777F aircraft. The aircraft are scheduled for delivery between October 2026 and May 2027 and will be leased to the Saudi Arabian flag carrier under long-term agreements. DAE said the additional 777Fs would support Saudia’s expanding cargo operations and increase capacity across its international network. …
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Embraer lifts 2026 outlook after record second-quarter revenue
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Fraport profit falls 48% despite revenue growth
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Jordan Airmotive secures five-year Tunisair engine deal
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Setna iO acquires A320neo for teardown
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Royal Jordanian picks Ramco for aviation software upgrade
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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Vice President Sales & Business Development (Americas)
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AviTrader Publications Corp.
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Richmond, British Columbia
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For information, contributions, letters to the editor and queries:
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