Arif Habib Consortium to Acquire Full Control of Pakistan International Airlines
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 Inject $200M Into Azul
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...
Alloyed Secures £1 Million to Develop Next‑gen Nickel‑based Superalloy for 3D‑printed Jet Engine Parts
Alloyed announced it has secured £1 million in funding from the ATI Programme to develop a next‑generation nickel‑based superalloy for additive manufacturing of jet engine components. The project, which also involves ITP Aero and Cranfield University, aims to enhance the high‑temperature...
ValueQuest Investment Advisors Raises Rs 1,500 Crore PE Fund From Domestic LPs
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...
BAE Systems to Acquire Swedish Supplier Aston Harald Mekaniska Verkstad
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.
Spirit Aviation Holdings Seeks $533M Sale of 20 Aircraft to CSDS Asset Management
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....
EirTrade and RESIDCO Acquire Two Spirit A320neo Jets for Parts Teardown
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...
Chinese Rocket Startup iSpace Raises $729 Million in D++ Funding Round
Beijing Interstellar Glory Space Technology Ltd. (iSpace), a Chinese pseudo‑company rocket startup, announced on Feb 13 2026 that it raised $729 million in a D++ funding round. The round was co‑led by Tongchuang Weiye and Jingming Capital, with participation from CDH Baifu and...
Satys Aerospace Acquires Sabena Technics' Four Aircraft Painting Facilities in Toulouse
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...
Harith to Acquire 100% of FlySafair in Strategic Airline Buyout
South Africa‑based investment holding company Harith and its affiliates have entered into a sale and purchase agreement to acquire 100% of low‑cost airline FlySafair. The undisclosed‑value deal is pending regulatory approval and will add an airline to Harith’s transportation infrastructure...
Allegiant Air to Acquire Sun Country Airlines
Allegiant Air announced it will acquire Sun Country Airlines, with Allegiant becoming the surviving carrier holding two‑thirds of the combined company and Sun Country shareholders receiving one‑third. The transaction includes a 20% premium over Sun Country’s current share price, though...