Bas Gouverneur Destinus Group BV, a company specialising in autonomous flight systems, has acquired Daedalean for CHF 180 million in a cash-and-stock transaction, which will enable Destinus to integrate Daedalean’s...
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Air France–KLM has announced that it will take a majority stake in SAS, transforming Air France from a competitor with a 19.9% stake to a decision-maker for the airline with...
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Hartzell Engine Tech, a Signia Aerospace company, has acquired E-MAG, a manufacturer of electronic ignition systems, with the goal of advancing its products towards general aviation certification. Currently, Lycoming, Continental...
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An A330neo. Avolon, an Irish aviation finance company and lessor, has completed the acquisition of its rival, Castlelake Aviation Limited (CA Ltd), from Castlelake L.P.’s aviation platform. Avolon initially announced...
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L3Harris Technologies has announced definitive plans to sell its commercial aviation solutions business (CAS) to private equity firm TJC L.P. for up to US$800 million. The acquisition includes a $700...
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Low-fare carrier Norwegian has announced the acquisition of regional carrier Widerøe, for an amount totalling NOK 1,125 million (US$105 million). The price is subject to certain requirements, including the profitability of...
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