20 June 2019
Rolls-Royce to acquire Siemens’ electric aircraft-propulsion business
Rolls-Royce has agreed to acquire Siemens' eAircraft business in order to accelerate its electrification strategy.
Deal News
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5 June 2019
Hi Fly reportedly bids for Thomas Cook’s airline business
Portuguese private airline Hi Fly has bid for airline business of British travel group Thomas Cook, which is seeking to raise cash to strengthen its hotels business.
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4 June 2019
Honeywell and Vertical Aerospace sign MoU for urban mobility
Honeywell and Vertical Aerospace have signed a memorandum of understanding (MoU) to support the emerging urban air mobility segment.
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24 May 2019
Airbus and SAS to jointly research on hybrid and electric aircraft
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.
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17 May 2019
Air Canada enters exclusive talks to buy tour operator Transat
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).
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17 May 2019
Bombardier and JETEX to develop new line maintenance station in Dubai
Canadian aircraft manufacturer Bombardier has partnered with business aviation firm JETEX to establish a new Line Maintenance Station in Dubai, UAE.
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15 May 2019
Honeywell and Lufthansa Technik enhance MRO services in Asia Pacific
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.
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14 May 2019
Viva Air gets capital injection from PE firm Cartesian
Viva Air has received a $50m equity capital injection from global private equity firm Cartesian Capital Group to boost its growth and expansion plans.
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14 May 2019
Onex to acquire Canada’s WestJet Airlines in $3.71bn all-cash deal
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.
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10 May 2019
Bombardier sells five Learjet 75 business jets in $69m deal
Bombardier has sold five Learjet 75 aircraft to an undisclosed customer in a $69m transaction.