Air France-KLM CEO Ben Smith signals openness to a joint easyJet takeover with Castlelake ahead of a June 26 UK regulatory deadline.
ICAO calls for global investment and unified regulations to scale Sustainable Aviation Fuels from 1 MT to 490 MT by 2050 to meet net-zero targets.
Lufthansa is issuing a 5.7-year euro bond to manage soaring fuel costs, cancel 20,000 flights, retire CityLine, and expand ITA Airways stake.
Varda Space Industries and United Therapeutics collaborate to develop microgravity-enabled treatments for rare pulmonary diseases using orbital pharmaceutical manufacturing.
Skyroot Aerospace secures $60 million funding, reaching a $1.1 billion valuation as Vikram-1 rocket nears maiden flight, boosting India's private space sector.
SMBC Aviation Capital increases its unsecured syndicated finance facility to US$3.7 billion to support global expansion and the Sumisho Air Lease acquisition.
Lockheed Martin supplies neutron spectrometer to detect lunar water ice for the 2028 LUPEX mission led by JAXA and ISRO, supporting sustained moon exploration.
The US government plans a $500M loan for Spirit Airlines in exchange for up to 90% equity to prevent liquidation amid financial struggles.
Vertical Aerospace closes $850 million financing to support certification and production of its eVTOL aircraft following a historic transition flight.
Petrobras plans a large-scale Sustainable Aviation Fuel facility using Honeywell UOP’s Ethanol-to-Jet technology at REPLAN refinery in São Paulo, Brazil.