NETJETS (as fleet launch customer) took delivery of first three Cessna Citation Ascend business jets under deal with Textron Aviation to acquire up to 1,500 Cessna Citations, including Ascend, Latitude, and Longitude.
FRONTIER AIRLINES posted $272m net loss for 1Q26 (vs $43m loss in 1Q25) on 1.1% higher revenues/1% lower capacity; result included $139m charge related to previously announced early lease termination of 24 A320neo aircraft.
FRONTIER AIRLINES ended 1Q26 with 183 A320 Family aircraft, all financed via operating leases that expire in 2026-2038. It expects to take delivery of seven aircraft in 2Q26 and return 24 to AerCap under Early Return Agreement.
VSE completed acquisition of PRECISION AVIATION GROUP, GA (MRO services/distribution/supply chain solutions) from GenNx360 Capital Partners for $2.025b cash/equity, increasing its revenue by ~50% on a pro forma 2025 basis.
WILLIS LEASE FINANCE had $25.1m net profit on $194m revenues in 1Q26 vs $16.9m on $158m in 1Q25, ending quarter with 342 engines (vs 347 a year ago), 20 aircraft (vs 15), and other leased parts and equipment worth $2.86b.
EVE AIR MOBILITY posted $68.8m net loss in 1Q26 vs $48.8m loss in 1Q25, citing higher R&D expenses; its total cash consumption in 1Q26 was $68.6m vs $25.4m in 1Q25 and it ended quarter with $441.4m in cash/investments.
