Reuters

Melrose posts 8% revenue rise in 2025; warns 2026 will miss estimates amid supply‑chain constraints

Melrose Industries, owner of GKN Aerospace, reported an 8% increase in 2025 revenue, lifted by robust aftermarket demand and continued strength in its engines unit. The group warned 2026 revenue will come in below expectations as sector‑wide supply‑chain constraints persist.

2026-02-26T23:35:57.513480-08:00
Reuters

FAA closes Fort Hancock, Texas airspace after military laser anti-drone system reportedly downs U.S. government drone

By Reuters: The U.S. military shot down a government drone with a laser-based anti-drone system, an accident that prompted the Federal Aviation Administration to bar flights on Thursday in an area around Fort Hancock, Texas, congressional aides told Reuters.

2026-02-26T17:31:18.147727-08:00
ReutersJulie Zhu, Sneha Kumar

Virgin Australia reports strong first-half profit growth despite rising cost pressures

By Reuters: Virgin Australia reported strong first-half profit growth on Friday despite rising cost pressures, as the country's No. 2 airline remains disciplined about adding capacity in a domestic market dominated by rival Qantas Airways .

2026-02-26T21:12:56.710145-08:00
Australian AviationJake Nelson

Qantas to Launch Seasonal Sydney–Las Vegas Nonstop Service on 787‑9 from December

By Australian Aviation: The national carrier will launch a new seasonal non-stop service between Sydney and Las Vegas in December, operating three times per week on 787-9 Dreamliners until March 2027.

2026-02-25T15:22:20.324192-08:00