Boeing has received shareholder approval for its acquisition of Spirit AeroSystems, a Wichita-based aerostructures manufacturer, expected to close by mid-2025. Announced in June 2024, this strategic move aims to enhance Boeing’s supply chain oversight and address ongoing quality issues, particularly …
Lufthansa Group has acquired a 10% stake in Latvia’s airBaltic for €14 million, enhancing its presence in the European aviation market. This strategic investment, announced on January 29, 2025, includes a seat on airBaltic’s Supervisory Board and a convertible share …
The Adani Group has acquired Air Works, India’s largest private aviation Maintenance, Repair, and Overhaul (MRO) firm, for $47 million, securing an 85.8% stake. This acquisition, executed through Adani Defence Systems & Technologies Ltd, aims to enhance India’s aviation infrastructure …
Air India is expanding its fleet and enhancing pilot training capabilities with a significant order for 31 Archer DX training aircraft and 3 DA42-VI twin-engine planes. These acquisitions will support Air India’s new flight training academy at Belora Airport, Maharashtra, …
Air France-KLM is exploring the acquisition of a 20% stake in Spanish airline Air Europa, potentially transforming the European aviation landscape. Globalia, Air Europa’s parent company, confirmed ongoing discussions but stated no deal is finalized. International Airlines Group (IAG), which …
Lufthansa is set to acquire a 49% stake in ITA Airways for €325 million, confirming the deal with Italy’s Ministry of Economy and Finance. This acquisition, which follows Lufthansa’s earlier 41% stake, aims to strengthen its position in the European …
