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Magazine Issue

SpeedNews - July 10, 2026

VOL. 47 NO. 28 July 10, 2026

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Aerospace

EMBRAER

Jul 06, 2026

EMBRAER delivered 20 commercial jets (10 E1-Jets/10 E2-Jets) in 2Q26 vs 19 (nine E1-Jets/10 E2-Jets) in 2Q25; and 30 (16 E1-Jets/14 E2-Jets) in 1H26 vs 26 (13 E1-Jets/13 E2-Jets) in 1H25. It still plans to deliver 80-85 in CY26.

AIRBUS BELFAST

Jul 06, 2026

AIRBUS BELFAST delivered its 500th wingset for A220-300 program.

IRIDIUM COMMUNICATIONS

Jul 06, 2026

IRIDIUM COMMUNICATIONS completed acquisition of AIREON (ADS-B air traffic surveillance system).

AVTECH

Jul 06, 2026

AVTECH Sweden AB announces that Latam Airlines S.A. is temporarily pausing the use of ClearPath for its short-haul fleet for approximately one to two months. This is expected to reduce AVTECH’s revenues by approximately MSEK 0.6–1.2 during the period. Latam’s long-haul fleet is not affected and will continue using ClearPath as before.

AIRBUS

Jul 08, 2026

AIRBUS delivered 89 aircraft (nine A220s; 73 A320neo Family; seven A350s) in June 2026 vs 63 (12 A220s; 43 A320neo Family; three A330s; five A350s) in June 2025; and 351 (315 narrowbodies) in 1H26 vs 306 (273) in 1H25. It also booked orders in June for 71 aircraft (51 A320neo Family and 20 A330s), increasing 2026 total to 887 (822 net).

HONEYWELL AEROSPACE and ENIGMA AEROSPACE

Jul 08, 2026

HONEYWELL AEROSPACE and ENIGMA AEROSPACE signed MOU to explore integrating Honeywell's navigation, mission systems and electronic warfare capabilities onto Enigma's Phoenix Series Unmanned Aircraft System platform.

AIRBUS

Jul 08, 2026

CONSOLIDATED PRECISION PRODUCTS (CPP)

Jul 08, 2026

CONSOLIDATED PRECISION PRODUCTS (CPP), OH agreed to acquire GTF's aerospace and industrial gas turbine investment casting foundry; PRECICAST-GROUP produces components for aerospace and industrial gas turbines out of three sites in Novazzano/Stabio, Switzerland and Arad, Romania. Deal, valued at CHF220m, is to close by end 2026.

PAL AEROSPACE

Jul 08, 2026

PAL AEROSPACE, Canada has Air Greenland contract to support missionization of two Dash 8-200s for Maritime Domain Awareness operations; program includes aircraft modification, configuration, integration and related support activities.

SENTRY AEROSPARES

Jul 08, 2026

SENTRY AEROSPARES, UK (portfolio company of Acorn Capital Management) has acquired Canada-based AIRSTART (component stocking distributor with strong focus on regional platforms, including ATRs, Q400s, CRJs, ERJs and E-Jets).

AERONAUTICAL ENGINEERS

Jul 08, 2026

AERONAUTICAL ENGINEERS teamed with FTAI AVIATION to add engine maintenance services to its 737-800 freighter conversion program.

EMBRAER

Jul 08, 2026

EMBRAER was awarded type certification by India for the E190, E195, and the E195-E2, joining the E175.

ISRAEL AEROSPACE INDUSTRIES

Jul 08, 2026

ISRAEL AEROSPACE INDUSTRIES received approval from Government of Israel to absorb ELTA SYSTEMS into company.

NATO

Jul 08, 2026

NATO launched project to develop Multinational Fleet centered on the A400M based on pooling and sharing strategy, building on success of Multinational A330 MRTT Fleet, now with nine participating nations following addition of FINLAND.

SAAB

Jul 08, 2026

SAAB announced it plans to begin formal negotiations with NATO Support and Procurement Agency regarding acquisition of up to 10 GlobalEye AEW&C systems, which include Erieye Extended Range radar on a Bombardier Global 6500.

PRECINMAC

Jul 08, 2026

PRECINMAC, ME has acquired Massachusetts-based ADVANCE MFG. (machined components/welded fabrications).

BOEING

Jul 08, 2026

BOEING opened new 737 MAX final assembly line in Everett to support planned gradual monthly rate increase from current 42 to 47, then to 52 and ultimately 63 (SPNWS; June 12). It is also exploring raising MAX production to 70.

AIRBUS

Jul 08, 2026

ITT

Jul 08, 2026

ITT acquired AEROSPACE CONTACTS, AZ (precision contacts) for $31m.

COLLINS AEROSPACE

Jul 10, 2026

COLLINS AEROSPACE opened UK Engineering Center of Excellence in Wolverhampton for advancing electric thrust reverser actuation systems (elecTRAS) to eliminate actuation hydraulic interfaces and fluids, reducing aircraft weight.

RAAF

Jul 10, 2026

RAAF took delivery of its first P-8A (63179) upgraded to the Increment 3 Blk. 2 configuration that introduces wideband satellite communications, upgraded multi-static active coherent acoustic processing system for anti-submarine warfare and enhanced anti-surface-warfare signals intelligence; aircraft was modified in Jacksonville, FL (remainder in Australia).

TALON PRECISION

Jul 10, 2026

TALON PRECISION announced March acquisition of B & A COMPANY, CT (precision machining/metal components).

AVTECH

Jul 10, 2026

AVTECH SWEDEN posted SEK5m net income for 2Q26 (vs SEK5.5m in 2Q25) on 7% higher revenues.

Air Transport

SPIRIT AIRLINES

Jul 06, 2026

SPIRIT AIRLINES has received inital bid from SAVE 2026-B (for about $630m) for 27 owned A320 Family aircraft (10 A320s/17 A321s) under stalking horse bidding process; it is seeking additional bids through August 27.

ODIN CARGO

Jul 06, 2026

ODIN CARGO, Iceland agreed to wet-lease 737-800SF (34800) from Compass Cargo Airlines, Bulgaria.

AERCAP

Jul 06, 2026

AERCAP completed 202 asset transactions (120 lease agreements, including 58 aircraft/33 purchases/49 sales) in 2Q26 vs 116 (71 lease agreements/21 purchases/24 sales) in 2Q25. It also signed financing transactions for approximately $2.2b.

AVOLON

Jul 06, 2026

AVOLON placed nine aircraft from its orderbook in 2Q26 vs 26 in 2Q25 and ended quarter with 80% of its committed fleet through 2028. It acquired 21 aircraft/sold 30 aircraft and now has owned/managed/committed fleet of 1,117 aircraft.

AIR NEW ZEALAND

Jul 06, 2026

AIR NEW ZEALAND reactivated its final 787-9 from long-term storage at Alice Springs (five of its 14 were grounded at peak of Trent engine shortages). It now has two A320neos grounded due to GTF challenges, down from six at peak.

EASYJET

Jul 06, 2026

EASYJET announced that its Board of Directors has agreed in principle on new fifth proposal of £6.90 per share in cash from CASTLELAKE to acquire its entire issued and to be issued ordinary share capital, pending approvals. Castlelake must now declare its intention to make formal bid (or announce that it does not intend to make an offer) by August 3.

MUSTANG AEROSPACE

Jul 06, 2026

MUSTANG AEROSPACE was formed by DAE and Neuberger Specialty Finance as new aircraft leasing business with initial target of investing US$6b in assets. It has signed an agreement with Goldman Sachs, Mizuho, BNP Paribas, MUFG, Société Générale, and Truist to provide committed warehouse financing to support growth of the co-investment vehicle.

DEUCALION AVIATION

Jul 06, 2026

DEUCALION AVIATION has acquired an A320-200 (leased to VUELING) on behalf of an institutional investor.

ANIMAWINGS

Jul 06, 2026

ANIMAWINGS, Romania took delivery of new A220-300 (55443) on lease from Azorra.

KLM AND GATEGROUP

Jul 06, 2026

KLM and GATEGROUP completed acquisition of KLM CATERING SERVICES (KCS). gategroup now holds 75% stake; KLM retains 25%.

AIR KIRIBATI

Jul 06, 2026

AIR KIRIBATI took delivery of new E190-E2 (183) for operation by AUSTRALIAN CORPORATE JET CENTRES.

AIR SERBIA

Jul 06, 2026

AIR SERBIA agreed to lease ex-Aegean A320-200 (3033) with V2500s from AerCap.

SAUDIA CARGO

Jul 06, 2026

SAUDIA CARGO ordered four 777Fs for delivery in 2026-'27. It currently has four, plus four 747Fs and two A330P2Fs.

AIR INDIA

Jul 06, 2026

AIR INDIA retained Skytech-AIC to market six A319-100s, following sale of its 747-400 fleet in 2025.

ROYAL AIR MAROC

Jul 06, 2026

ROYAL AIR MAROC is expected to lease ex-Kenya Airways E190-E1 (440) from Azorra.

RIYADH AIR

Jul 06, 2026

RIYADH AIR plans August 4 to begin daily Riyadh-Mumbai, India (787-9).

WIZZ AIR

Jul 06, 2026

WIZZ AIR plans late October to begin Bratislava-Agadir, Morocco/-Hurghada, Egypt/-Baku, Azerbaijan (A321neo).

CHINA SOUTHERN AIRLINES CARGO

Jul 08, 2026

CHINA SOUTHERN AIRLINES CARGO agreed to lease three 777-300ERSFs from AerCap for delivery in 4Q27-2Q28.

AIR CAIRO

Jul 08, 2026

AIR CAIRO plans December 25 to begin Hurghada-Mombasa, Kenya (E190)

CABO VERDE AIRLINES

Jul 08, 2026

CABO VERDE AIRLINES plans October 31 to begin Sal-Recife, Brazil (737-8).

K2 CARGO AIRWAYS

Jul 08, 2026

K2 CARGO AIRWAYS, Pakistan has written off 737-400BDSF (29210), which crashed into Arabian Sea on July 7.

EASYJET

Jul 06, 2026

JET2

Jul 08, 2026

JET2, UK posted £410.5m net profit for year ended March 31 (vs £446.8m a year ago) on 4% higher revenues/8% higher capacity.

AIR EUROPA

Jul 08, 2026

AIR EUROPA posted €235m EBITDA for 2025 (vs €205m a year ago) on 7.3% higher revenues. It launched new +Air 28 Plan for growth/efficiency/profitability, which includes the creation of AIR EUROPA TECHNICS.

PHILIPPINE AIRLINES

Jul 08, 2026

PHILIPPINE AIRLINES priced its inaugural US$300m senior unsecured guaranteed bond, its first entry into the international bond market as it continues to strengthen its balance sheet following its financial restructuring.

CONDOR

Jul 08, 2026

CONDOR plans in W26 to base an A320 at Münster/Osnabrück to serve Gran Canaria, Tenerife and Hurghada.

ASL AIRLINES FRANCE

Jul 08, 2026

ASL AIRLINES FRANCE agreed to lease ex-AirExplore 737-800BCF (33719) from BBAM (SPNWS; June 13).

SUN PHUQUOC AIRWAYS

Jul 08, 2026

SUN PHUQUOC AIRWAYS, Vietnam leased A320neo (12723) with LEAPs from Qatar Airways.

CPAT GLOBAL

Jul 08, 2026

CPAT GLOBAL was selected by Nouvelair, Tunisia to provide customized, next-gen distance learning courses for A320neo operational requirements.

BLUEBERRY AVIATION

Jul 08, 2026

BLUEBERRY AVIATION completed repossession project for 10 ATR 72-600s from Garuda on behalf of the French and Italian Export Credit Agencies (ECAs); project includes on-site physical and records inspections, fleet valuation, aircraft ferrying and storage in France, insurance management, and the remarketing/redelivery of entire fleet to their new owners.

CHINA SOUTHERN AIRLINES CARGO

Jul 08, 2026

CHINA SOUTHERN AIRLINES announced share offering on Shanghai Stock Exchange to raise up to CNY15b to partially fund acquisition of 46 aircraft on order, including 26 A320neos, 12 C919s and eight 737 MAXs.

GOL

Jul 08, 2026

GOL took delivery of A330-200 (818) on temporary wet-lease from Wamos Air to launch Rio de Janeiro-JFK.

STRATOS

Jul 08, 2026

STRATOS has acquired A321-200 (5173; leased to ASIANA), 737-800 (38875; to SOUTHWEST AIRLINES) and 737-700 (38128; to VIRGIN AUSTRALIA). It says it currently manages a fleet of 55 aircraft worth around $3b.

US DOT

Jul 08, 2026

US DOT reports US airline fuel cost was $4.09/gallon in May vs $4.11 in April 2026; y-o-y consumption fell 0.6%.

AJET

Jul 10, 2026

AJET, Türkiye agreed to lease five GTF-powered A321neos from BOC Aviation for delivery in 2208.

JETSMART

Jul 10, 2026

JETSMART, Chile agreed to sell five A320neos to Jackson Square Aviation for leaseback; first two were delivered.

AVIANCA

Jul 10, 2026

AVIANCA took delivery of new LEAP-powered A320neo (13193) from SKY Leasing under presumed SLB transaction.

BOC AVIATION

Jul 10, 2026

BOC AVIATION executed 50 transactions (13 lease commitments) in 2Q26 vs 75 (27) in 2Q25 and ended quarter with owned/managed/committed fleet of 811 aircraft vs 824, with utilization rate of 100% for its 479 owned aircraft fleet.

AIRCASTLE

Jul 10, 2026

AIRCASTLE had $33.6m net income on $235.5m revenues in first quarter ended May 31 vs $49.3m on $260m a year ago, ending quarter with 279 owned/managed aircraft (270 unencumbered) vs 272 a year ago. It has $2.6b of liquidity.

AVIATION CAPITAL GROUP

Jul 10, 2026

AVIATION CAPITAL GROUP closed $1.48b unsecured term loan facility with syndicate of 33 lenders.

SMBC AVIATION CAPITAL

Jul 10, 2026

SMBC AVIATION CAPITAL upsized unsecured revolving credit facility with 16 financial institutions from $1.1b to $3b.

GARUDA

Jul 10, 2026

GARUDA leased ex-RwandAir 737-800 (42057) from Sumisho Air Lease.

MIDDLE EAST AIRLINES

Jul 10, 2026

MIDDLE EAST AIRLINES leased ex-Volaris A320-200 (7088) with V2500s from Avolon.

DOMESTIC AIRLINES

Jul 10, 2026

DOMESTIC AIRLINES, Algeria took delivery of its first (1757) of 16 new ATR 72-600s ordered by Air Algerie.

CALIPHATE AIR

Jul 10, 2026

CALIPHATE AIR, Nigeria acquired two ex-Star Air ERJ145s (871/1024) for startup; third (845) is due shortly.

AIR MACAU

Jul 10, 2026

AIR MACAU plans October 27 to resume Macau-Kuala Lumpur (A320).

PAN AM FLIGHT ACADEMY

Jul 10, 2026

PAN AM FLIGHT ACADEMY, FL formed aviation training partnership with Brazil's EPA Training Center to expand its presence in Latin America.

AIR PREMIA

Jul 10, 2026

AIR PREMIA, South Korea received Board approval for shareholder rights offering, supported by TIRE BANK, which is expected to invest >KRW100b, to reduce its capital impairment ratio below the government's 50% requirement.

Business Aviation

EMBRAER

Jul 06, 2026

EMBRAER delivered 45 executive jets (24 Phenoms/21 Praetors) in 2Q26 vs 38 (21 Phenoms/17 Praetors) in 2Q25; and 74 (40 Phenoms/34 Praetors) in 1H26 vs 61 (35 Phenoms/26 Praetors) in 1H25. It still plans 160-170 in CY26.

DAHER AIRCRAFT

Jul 06, 2026

DAHER AIRCRAFT opened new 6,000 sq meter support/logistics center at Jonzac-Neulles Airport in western France.

SEATTLE AVIATION SOLUTIONS

Jul 06, 2026

SEATTLE AVIATION SOLUTIONS has acquired Falcon 900EX (045) for part out.

PAD AVIATION

Jul 06, 2026

PAD AVIATION, Germany secured investment from TRANSMEDICS to support its organ transport business model.

GULFSTREAM

Jul 08, 2026

GULFSTREAM completed first 100% SAF-powered flight of G800 with Pearl 700s, supplied by ROLLS-ROYCE.

GARMIN

Jul 08, 2026

GARMIN unveiled AXIS flight display family (three sizes) for piston-powered single- and twin-engine experimental and LSA (MOSAIC) aircraft that combines flight display, IFR GPS, NAV/COMM and audio panel capability into a single display.

CIRRUS

Jul 08, 2026

CIRRUS introduced TRAC10 training aircraft with single turbocharged Rotax 916 iSc FADEC piston engine, 3-seat interior, Garmin flight deck, and Cirrus Airframe Parachute System for deliveries out of Duluth, MN starting in 2027.

ELECTRA, URBANV and SIGNATURE AVIATION

Jul 08, 2026

ELECTRA, URBANV and SIGNATURE AVIATION signed MOU to establish strategic collaboration to build the foundation for new (Direct Aviation) regional mobility ecosystem based on 9-pax EL9 Ultra Short hybrid-electric aircraft.

SANDHILLS GLOBAL

Jul 08, 2026

SANDHILLS GLOBAL says y-o-y global used business jet inventory was down 19.2% in June; asking prices fell 4.5%.

5X5 TRADING

Jul 08, 2026

5X5 TRADING, FL has completed fleet transformation upport project for Wheels Up as exclusive transaction partner. It managed acquisition and disposition of nearly 100 aircraft since 2024, finishing program 18 months ahead of schedule.

ATP FLIGHT SCHOOL

Jul 08, 2026

ATP FLIGHT SCHOOL opened its 90th US-based training center at Northern Colorado Regional Airport in Fort Collins.

JET ACCESS MAINTENANCE

Jul 08, 2026

JET ACCESS MAINTENANCE, IN was named an authorized dealer for Starlink inflight connectivity solution.

AEROCOR

Jul 10, 2026

AEROCOR is now offering dry lease access to Beechcraft Premier and Eclipse 500 for initial and recurrent training.

SKYPORTS

Jul 10, 2026

SKYPORTS received regulatory certification from GCAA of 3,100 sq meter VDX vertiport in Dubai, where JOBY will launch eVTOL air taxi services.

SKYDRIVE

Jul 10, 2026

SKYDRIVE secured MOU from Japan Biz Aviation to develop ownership and operations schemes in Japan for its eVTOL.

Defense

MRO

AIR INDIA AND SIA ENGINEERING

Jul 06, 2026

AIR INDIA and SIA ENGINEERING signed non-binding MOU to explore collaboration in MRO activities in India.

DTX AEROSPACE AIRFRAME SERVICES

Jul 06, 2026

DTX AEROSPACE AIRFRAME SERVICES, Dubai was certified by Brazil to perform E190-E2 maintenance.

SWISS-AS

Jul 06, 2026

SWISS-AS says VietJet Qazaqstan (Dash 8s) went live with AMOS Airline Edition software that integrates maintenance planning, engineering, logistics, inventory management, technical records and compliance into single platform.

FL TECHNICS INDONESIA

Jul 08, 2026

FL TECHNICS INDONESIA opened new aircraft paint facility in Bali, initially painting 737-400SF for Skyway Airlines.

MTU MAINTENANCE

Jul 10, 2026

MTU MAINTENANCE opened $120m, 43,000 sq meter engine maintenance facility in Fort Worth, TX and inducted first LEAP-1B for GOL under long-term deal. It plans to add GEnx services at facility in due course.

SETNA iO

Jul 10, 2026

SETNA iO acquired its first ex-Spirit A320neo (9272) for part out by AERSALE in Goodyear, AZ.

Who’sNews

WHO'SNEWS: AVITAS

Jul 06, 2026

Stuart Rubin to a Senior Vice President of AVITAS.

WHO'SNEWS: RAMCO SYSTEMS

Jul 06, 2026

Sandesh Bilagi to Chief Executive Officer of Ramco Systems.

WHO'SNEWS: AIRBUS AMERICAS

Jul 06, 2026

Antoine de Saint Phalle to Director-Sustainability and Chief of Staff-Public Affairs and Communications of Airbus Americas.

WHO'SNEWS: MAGELLAN AVIATION GROUP

Jul 06, 2026

Alex Daskam to Marketing Coordinator of Magellan Aviation Group.

WHO'SNEWS: AERA AVIATION CAPITAL

Jul 06, 2026

Rebecca Black to Vice President-Finance of AERA Aviation Capital.

WHO'SNEWS: JET FUEL

Jul 06, 2026

Assylbek Itabayev to Director of Aviation Marketing of Business Jet Fuel.

WHO'SNEWS: ENGINESTANDS.COM

Jul 08, 2026

Šarūnas Kisevičius to Interim Head of EngineStands.com.

WHO'SNEWS: ELECTRO SWITCH

Jul 08, 2026

David Schmidt to President-Aerospace & Defense of Electro Switch.

WHO'SNEWS: PWI

Jul 08, 2026

Rick Estes to President and Chief Executive Officer of PWI, Wichita; Robi Lorik has retired.

WHO'SNEWS: PWI

Jul 08, 2026

Eric Dahlinger was promoted to Vice President-Corporate Communications of PWI, Wichita.

WHO'SNEWS: TORAY ADVANCED COMPOSITES

Jul 08, 2026

Dr. Jan Nowacki to Managing Director for Europe of Toray Advanced Composites.

WHO'SNEWS: SAS

Jul 08, 2026

Anko van der Werff, President & Chief Executive Officer of SAS, is leaving company in early 2027 to become Chief Executive Officer of Air Canada.

WHO'SNEWS: SWISS

Jul 08, 2026

Heike Birlenbach, Chief Commercial officer of SWISS, is leaving company in September 2026.

WHO'SNEWS: C&L AEROSPACE

Jul 08, 2026

Nicholas Bock to Regional Sales Manager for Business Jet Aircraft Parts-Southeastern US of C&L Aerospace.

WHO'SNEWS: JSX

Jul 10, 2026

Josh Belkin to Chief Commercial Officer of JSX.

Market Sector

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