Airbus Helicopters has entered an agreement with German firm ZF Friedrichshafen to acquire ZF Luftfahrttechnik to strengthen its maintenance, repair, and overhaul (MRO) capabilities.
TMCs will look to consolidate as business travel is reduced by the COVID-19 pandemic.
Voyager Space has completed the purchase of a majority interest in commercial space holding company XO Markets.
Flag carrier Air Canada has terminated arrangement agreement for the proposed acquisition of Transat AT (Transat), a Canada-based tour operator.
The International Air Transport Association (IATA) has reportedly expressed concern over the proposed deal between Ireland-based AerCap and GE Capital Aviation Services (GECAS).
Boeing has secured an order for 24 737-8 MAX aircraft from US-based private investment firm 777 Partners.
Ireland-based AerCap has confirmed that it is in talks with multinational conglomerate General Electric (GE) to acquire the latter's aircraft-leasing business.
The Norwegian Government has suspended the proposed sale of Rolls-Royce subsidiary and engine manufacturer Bergen Engines to Russia’s TMH Group, citing security reasons.
Space travel company Virgin Galactic chairman Chamath Palihapitiya has divested his remaining stake in the firm.
US-based private aviation firm Surf Air Mobility has agreed to acquire hybrid electric aviation technology provider Ampaire.
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