Norse Atlantic ASA (Norse) has reported a strong start to 2026, posting a 66% year-on-year rise in first-quarter revenue to US$160 million as demand for direct long-haul travel continued to grow. The airline said performance was driven by robust commercial momentum, record unit revenue and a 99% load factor, supported by strong customer demand, its
Ryanair Holdings has reported record full-year profits for FY26, with pre-exceptional profit after tax rising 40% to €2.26 billion, driven by higher fares and continued revenue growth. Group revenue increased 11% to €15.54 billion as passenger traffic grew four per cent and average fares recovered by ten per cent following the previous year’s decline. Scheduled
Aviation Capital Group (ACG), the global full-service aircraft asset manager, reported strong financial and portfolio growth in the first quarter of 2026, driven by higher revenues, increased profitability and continued investment in new technology aircraft. For the three months ending March 31, 2026, total revenues rose 15% year-on-year to US$323 million, while pre-tax net income
Iridium Communications has signed a definitive agreement to acquire Aireon LLC, the operator of the world’s only space-based ADS-B air traffic surveillance network, in a move that significantly expands its aviation capabilities. The acquisition brings together Aireon’s global aircraft tracking and operational data services with Iridium’s satellite communications and positioning, navigation and timing (PNT) technologies.
Astronics Corporation reported strong first-quarter 2026 results, driven by continued momentum in its Aerospace segment and sustained demand from the commercial aviation market. Aerospace segment sales rose 11.7% year-on-year to US$213.8 million, an increase of US$22.4 million, supported primarily by higher demand in the Commercial Transport sector. Test Systems sales also increased, rising 15.4% to
MTU Maintenance Lease Services (MLS), the engine leasing and asset management division of MTU Maintenance, has announced a strategic minority investment in TRecs, a digital platform focused on streamlining Open Item List (OIL) management across the engine lifecycle. Financial terms of the agreement were not disclosed. The investment underlines MLS’s commitment to advancing digitalisation within
Deutsche Lufthansa AG (Lufthansa) has confirmed that it will exercise its option to increase its shareholding in ITA Airways from 41% to 90% in June this year. The move was approved by Lufthansa’s Supervisory Board following a decision by the Executive Board. Under the terms of the agreement, Lufthansa will acquire the additional 49% stake
Satair, an Airbus subsidiary, has successfully completed its acquisition of Unical Aviation (Unical), along with its subsidiary ecube, creating a leading global provider of Used Serviceable Material (USM) and aircraft lifecycle solutions. The transaction combines Unical’s extensive inventory and distribution network with ecube’s advanced aircraft disassembly and storage capabilities, alongside Satair’s established USM expertise through
Maverick Aviation Group has announced the acquisition of Genaire, a Canadian aerospace company with more than 70 years of experience supporting military and commercial aviation operators across the country. The acquisition widens Maverick’s capabilities in fuel cell and ground support equipment (GSE) repair and sales, while also strengthening its position within Canada’s aerospace and defence
Novus Aviation Capital (Novus), in partnership with Sumitomo Mitsui Trust Bank (SMTB), has launched the Ortus Aircraft Leasing Fund, L.P. III (Ortus III), the third in a series of operating leasing funds focused on acquiring Airbus and Boeing aircraft placed on lease with airlines worldwide. The launch of Ortus III comes amid continued strength in
