What's happening: Airbus posts record FY2025 revenue and backlog
Airbus delivered 793 commercial jets and generated €73.4 billion in revenue, a 6% year‑on‑year rise. Adjusted EBIT climbed to €7.1 billion and net income to €5.2 billion, while the order backlog hit a record 8,754 aircraft with €123.3 billion of new orders.
Also developing:

Chicago‑based LanzaJet, a sustainable aviation fuel technology provider, announced a $47 million first‑close of a $135 million equity round at a $650 million pre‑money valuation. The round was led by IAG and Shell, with participation from Groupe ADP, LanzaTech, Mitsui and a grant from the UK Department for Transport’s Advanced Fuels Fund. The capital will support commercial deployment of its alcohol‑to‑jet technology.

Embraer and Northrop Grumman announced a joint effort to equip the KC‑390 Millennium with a centerline aerial refueling boom, complementing its existing hose‑and‑drogue pods. The partnership creates a “KC‑390 Multi‑Mission Tanker” featuring upgraded communications, survivability and adaptable mission systems. The move...

Airbus announced FY2025 results, delivering 793 commercial jets and generating €73.4 billion in revenue, a 6% year‑on‑year increase. Adjusted EBIT rose 33% to €7.1 billion, while net income grew 23% to €5.2 billion and EPS to €6.61. The order backlog hit a record...

Airbus Helicopters received Transport Canada type certification for its H175, clearing the path for Canadian market entry. The super‑medium rotorcraft is positioned for diverse roles such as energy, search‑and‑rescue, EMS, and defence. With the Helionix avionics suite, the H175 offers...

Airbus Helicopters and Loft Dynamics have launched a high‑fidelity virtual‑reality (VR) flight simulator for the H125, featuring a 3‑D headset, full‑scale cockpit replica, and motion‑vibration feedback. The portable system can be installed at operator sites, expanding access beyond the Marignane...

How Anglo-Portuguese UAV firm @Tekever is incorporating battle lessons from Ukraine for its latest EVO #drone #avgeek https://t.co/9hbPLZEY4l https://t.co/c2NdkqOs7K

Space‑based solar power (SBSP) is shifting from grand‑scale grid concepts to niche markets such as orbital data centers, remote military sites, and lunar installations. Startups like Aetherflux and Overview Energy are leveraging laser‑based power‑beaming and large‑satellite designs, backed by DoD...
Doñana National Park, Spain’s flagship wetland, is losing surface water at an accelerating pace, according to ESA Sentinel‑2 satellite analysis. Researchers using machine‑learning classification found a marked decline in wet area, volume and depth since 2005, projecting potential desiccation within...

NAVAIR has issued a Sources Sought notice for an Advanced Emission Suppression Missile (AESM) that would exceed the range of the current AGM‑88G and add the ability to engage both air‑to‑air and air‑to‑ground targets. The missile must integrate with the...

Orbex, a UK‑based rocket developer once valued at $220 million, entered administration after the government withdrew a planned funding round despite earlier £26 million support. The collapse underscores the repeated failure of state‑led investment in Britain’s nascent space sector. Meanwhile, the global...
NASA will begin a 700,000‑gallon cryogenic propellant load on the Space Launch System at Kennedy Space Center as part of a second wet‑dress rehearsal for Artemis II. The test follows a February 2 leak of liquid hydrogen that forced a pause in...

Avelo Airlines announced a 29% cut to its Q2 2026 schedule, removing over 3,000 flights compared with a year earlier. The reduction stems from closing two East Coast bases, ending West Coast operations, and accelerating the retirement of its Boeing...
SpaceX will launch the Falcon 9 Starlink 10‑36 mission from Cape Canaveral on Thursday night, targeting a 95% favorable weather window. The first‑stage booster, on its 26th flight, will attempt a downrange landing on the droneship Just Read the Instructions stationed off...

The British Army’s 16 Air Assault Brigade Combat Team showcased AI‑enabled reconnaissance‑strike capabilities during a visit by Chief of the General Staff General Sir Roly Walker. The demonstration linked new hardware, software and procedures to accelerate target acquisition and air‑delivered...

A Navy A‑4 Skyhawk maintenance test pilot climbed above 40,000 feet to verify the aircraft’s pressure‑breathing cabin system. During the test the pressurization failed, causing a sudden influx of pure liquid oxygen, cockpit flooding and even a watch explosion. The pilot...

The U.S. Navy has declared initial operational capability for the GBU‑53/B Small Diameter Bomb II on its F/A‑18E/F Super Hornet, completing a transition that began with limited use in 2025. The StormBreaker’s tri‑mode seeker—infrared, millimeter‑wave radar and semi‑active laser—enables all‑weather,...
Arif Habib consortium announced plans to acquire full control of Pakistan International Airlines (PIA), taking the airline private. The terms of the transaction were not disclosed.

American Airlines and United Airlines are providing a $200 million capital injection into Brazilian carrier Azul to support its Chapter 11 exit and stabilize its balance sheet. The funding marks a strategic move by the U.S. carriers amid competitive pressures...

NASA began the fueling portion of the launch countdown simulation on Feb. 19, 2026. They will have to successfully load the Space Launch System rocket with about 730,000 gallons of LH2 and liquid oxygen (LOX). Credit: Space.com | footage...

Our editors, Jens Flottau and Robert Wall, discuss the implications of Airbus' latest results, including the downward revision of its production targets, particularly for the A320neo family. Overall, Airbus is now targeting 870 commercial aircraft deliveries for 2026, which is 77...

UAS traffic management provider Unifly announced the acquisition of Swiss‑based SORA Consulting, a specialist advisory firm for advanced drone operations. The deal integrates SORA Consulting into Unifly Consulting, bolstering Unifly’s regulatory expertise and local presence across Switzerland and the DACH...

The Royal Aeronautical Society were delighted to host Chief of the Air Staff, Air Chief Marshal Sir Harv Smyth, to our HQ at No.4 Hamilton Place for a Corporate Partner briefing on the evolving role of air and space power. Sir...

ValueQuest Investment Advisors announced the closing of its Rs 1,500 crore ValueQuest Tristar private equity fund, focused on advanced manufacturing sectors such as aerospace, defence, and energy transition. The fund, which activated a Rs 500 crore greenshoe, aims to invest in 8–12 companies with...
Libya's Berniq Airways announced a $238 million capital increase to fund fleet expansion and strengthen its balance sheet. The fundraising, reported on Feb 18, 2026, aims to support the airline's growth in the region.
The Pryor Field Airport Authority approved the acquisition of a privately owned 12,000‑sq‑ft hangar at Pryor Field Regional Airport, planning to lease it to FTair, LLC for expanded aircraft maintenance, repair, and overhaul services. The deal aims to create jobs,...

An annular solar eclipse was captured by a Meteosat Third Generation satellite on Feb. 17, 2026. See a time-lapse here. Credit: EUMETSAT | edited by Space.com

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FTAI Aviation announced the finalization of its acquisition of seven Airbus aircraft from Air France, expanding its fleet. The deal, completed on February 17, 2026, underscores FTAI's growth strategy in the aviation sector.

BAE Systems' Bofors business has signed a share purchase agreement to acquire Swedish precision‑machining firm Aston Harald Mekaniska Verkstad, expanding its industrial capacity in Europe. The acquisition, pending regulatory approval, is expected to close in the first half of 2026.
SDI Group plc announced the acquisition of PRP Optoelectronics Ltd for a total consideration of £11.3 million in cash, plus up to £0.9 million deferred, excluding £2.8 million of net cash. The deal adds micro‑LED and LED array capabilities to SDI’s Industrial &...

Aviation automation firm Skyryse Inc. secured $300 million in a Series C financing round, bringing its valuation to $1.15 billion. The round was led by Autopilot Ventures and Fidelity Management & Research Company, with participation from ArrowMark Partners, Atreides Management, BAM...

Spirit Aviation Holdings, the parent of Spirit Airlines, has filed for court approval to sell 20 Airbus aircraft for at least USD 533 million. The stalking-horse buyer is CSDS Asset Management LLC, with an auction set for 20 April 2026....

Solution Partner Gandhi Automations is positioning itself as the premier provider of aircraft hangar doors, emphasizing its role as a "solution partner" that designs and manufactures both vertically lifting fabric doors and sliding doors for a global clientele. The company claims...

EirTrade, an Irish aviation asset management firm, announced it has acquired two Airbus A320neo aircraft previously owned by Spirit, in partnership with Chicago‑based lessor RESIDCO. The aircraft will be dismantled in Goodyear, Arizona, with parts shipped to EirTrade’s Dallas hub...

SpaceX marked Valentine’s Day with a high‑profile launch, sending 24 Starlink broadband satellites aloft aboard a Falcon 9 booster. The mission, dubbed “Blastoff!,” featured a textbook ascent, with engine pressures, telemetry and vehicle performance all reported nominal as the rocket passed...

The video examines the abrupt shutdown of Starlink terminals in Ukraine and the ripple effect on Russian forces that had come to depend on the civilian satellite network for command, control, and drone operations. It frames the episode as a...

The video captures SpaceX’s Crew‑12 Dragon capsule’s final approach and docking with the International Space Station, broadcast from Houston’s “big loop” mission control. Controllers announce soft‑capture completion, followed by a seamless hard‑dock, confirming the commercial crew vehicle’s reliable performance. The footage...

NASA’s SpaceX Crew‑12 mission successfully docked with the International Space Station, delivering four astronauts and restoring the station’s crew complement to seven. The incoming crew includes first‑time flyers Sophie Adams and Jack Hathaway, veteran NASA astronaut Jessica Meir returning for a second stint,...
VisionWave Holdings, Inc. announced a $7.0 million strategic exchange with SaverOne, a deal that could give VisionWave up to 51% ownership of SaverOne pending milestones and approvals. The partnership aims to integrate SaverOne's RF‑based vulnerable road user detection technology into...

Satys Aerospace announced the acquisition of Sabena Technics' four aircraft painting facilities in Cornebarrieu, Toulouse, finalizing the transaction on February 13, 2026. The deal transfers 130 employees and adds capacity to handle 140 aircraft per year, expanding Satys' network to...