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DAILY AVIATION NEWS ALERT

May 6th 2026
This edition is supported by:
Azorra A220-300 Airbus

Azorra to acquire DAE’s Airbus A220 order book

Azorra has announced the acquisition of an Airbus A220-300 order portfolio from Dubai Aerospace Enterprise (DAE). The deal includes eight A220-300 aircraft, two of which are currently leased to TAAG Angola Airlines, representing Azorra’s first leasing relationship with the carrier. The remaining six aircraft are due for delivery in 2027 and 2028, increasing Azorra’s total A220-300 commitments to 15 aircraft. …
VSE Corporation finalises its Precision Aviation Group acquisition PAG

VSE Corporation completes takeover of Precision Aviation Group

VSE Corporation (VSE) has disclosed that it has successfully finalised its acquisition of Precision Aviation Group (PAG), a portfolio company of GenNx360 Capital Partners (GenNx), in a transaction valued at approximately US$2.025 billion in cash and equity. “Today marks a significant milestone in executing our strategy to build a focused, high-quality aviation aftermarket platform,” said John Cuomo, President and Chief …
New Melbourne service facility at Essendon Fields Airport Textron Aviation

Textron Aviation expands APAC support with new Melbourne facility

Textron Aviation (Textron) has opened a new service facility at Essendon Fields Airport in Melbourne, expanding factory-direct support for Cessna, Beechcraft and Hawker operators across Australia and the Asia-Pacific region. The dedicated facility enhances Textron Aviation’s global service network and demonstrates the company’s continued investment in expanding maintenance capacity and strengthening customer support throughout aircraft ownership. Brian Rohloff, SVP, Global …
Groundbreaking ceremony in Hyderabad, India ITP Aero

ITP Aero starts development of new Hyderabad aerospace facility

ITP Aero has marked the expansion of its Hyderabad operations with a groundbreaking ceremony for a new facility in Hyderabad, India. The development will further strengthen the company’s presence in the country and reflects its continued long-term investment in the region. Having operated in Hyderabad for 15 years, ITP Aero has established strong engineering and industrial capabilities, developed a skilled …
WLFC reports record Q1 2026 results Shutterstock

WLFC reports record quarterly lease rent revenue in Q1 2026

Willis Lease Finance Corporation (WLFC) has reported its financial results for the first quarter ended March 31 2026 and announced a quarterly dividend of $0.40 per common share. The dividend is scheduled to be paid on 22 May 2026 to shareholders on record as of the close of business on May 11 2026. Willis Lease Finance Corporation reported strong first-quarter …
Pauls Calitis takes on role as new company CEO euroAtlantic Airways

euroAtlantic Airways confirms Pauls Calitis as new CEO

euroAtlantic Airways has announced the appointment of Pauls Calitis as Chief Executive Officer, effective from May 18 2026. Calitis succeeds Stewart Higginson, who will move into the role of Non-Executive Chairman of the Board. The planned leadership transition reflects the company’s continued commitment to strong governance, operational continuity and long-term value creation. Pauls Calitis brings more than three decades of …

Embraer lands largest-ever C-390 export deal

Ascent Aviation Services expands wide-body MRO capabilities

Satair relocates HQ to Ørestad, Copenhagen

Hungary receives new Gripen fighters

Asia-Pacific push for Cabinair–Summit platform

Do228 NXT makes successful maiden flight

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