Thursday, October 15, 2026

Lessor Avolon to acquire batch of A321neos ordered by Frontier

Twinjets are scheduled to be delivered from November 2026. Leasing firm Avolon is to acquire 11 Airbus A321neo twinjets currently on order by US low-cost carrier Frontier Airlines. The transaction is the subject of an agreement signed on 30 June, says Avolon parent Bohai Leasing. Bohai says the pact is intended to “strengthen” its backlog…

Ukraine creates export framework for military technology sales

Kyiv says the system establishes clear rules for international partners to acquire battle-tested Ukrainian hardware. Ukraine has approved a new export mechanism that will allow Ukrainian defence manufacturers to sell products abroad. The Ukrainian ministry of defence announced the new framework on 1 July, saying countries with existing agreements on joint production and technology exchange…

Embraer completes acquisition of Mexico-based EZ Air from Safran

As part of the deal, the airframer has also acquired certain engineering and manufacturing assets in Brazil. Embraer now owns all of a Mexican cabin-component manufacturing business after buying out joint-venture partner Safran. The Brazilian company on 1 July said it had completed the planned acquisition of Safran’s 50% share of Chihuahua-based EZ Air Interior,…

Joby expects to secure Toyota’s second $250m investment before year-end

Though companies have now established a JV, Toyota’s additional funding still requires “final approval” of a manufacturing deal. Air taxi developer Joby Aviation and Toyota Motor Company have formed a joint business that is majority owned by Toyota for the purpose of eventually manufacturing Joby’s in-development S4 electric air taxi, the companies said on 30…

Administrators formally put European Cargo and A340 fleet up for sale

Fifteen A340-600s and -500s part of package offered to interested parties. Administrators and provisional liquidators have formally launched a joint sales process for UK freight carrier European Cargo and the aircraft fleet of Priority 1 Group. The team — from Teneo Financial Advisory and Teneo Restructuring Ireland — are exploring a “potential going-concern sale” of…