Honeywell and Vertical Aerospace have signed a memorandum of understanding (MoU) to support the emerging urban air mobility segment.
Airbus and Scandinavian Airlines (SAS) have signed a memorandum of understanding (MoU) to jointly research eco-system and infrastructure requirements of hybrid and electric aircraft.
Air Canada has reached an exclusive agreement to acquire all issued and outstanding shares of Canadian tour operator Transat A.T in an all-cash deal valued at C$520m ($386.93m).
Canadian aircraft manufacturer Bombardier has partnered with business aviation firm JETEX to establish a new Line Maintenance Station in Dubai, UAE.
Honeywell and Lufthansa Technik have reached an agreement to enhance their collaboration on maintenance, repair and overhaul (MRO) services for Airbus A350 operators in the Asia Pacific region.
Viva Air has received a $50m equity capital injection from global private equity firm Cartesian Capital Group to boost its growth and expansion plans.
Private equity firm Onex has signed a definitive agreement to acquire outstanding shares of Canada’s WestJet Airlines in a C$5bn ($3.71bn) deal, including assumed debt.
Bombardier has sold five Learjet 75 aircraft to an undisclosed customer in a $69m transaction.
Lufthansa has reportedly made a non-binding offer to purchase German airline Condor from British travel group Thomas Cook.
US company Rocket Lab has received the microsatellite separation system from Ruag Space for its small launch vehicle (SLV) Electron to ensure a smooth separation in orbit.