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AINonlineKerry Lynch

Pilatus Opens $123 Million Composites Center in Switzerland

Pilatus has placed a new composites development and production center into operation in Nidwalden, Switzerland, its most expensive facility investment to date. The sustainable complex will consolidate composite-materials activities and house approximately 300 employees, expanding the manufacturer’s aerospace production capabilities.

2026-08-14T10:06:07.925515-07:00
BloombergDanny Lee, Kate Duffy, Siddharth Philip

Norse Atlantic in Talks to Lease Out 787s as Cash Reserves Tighten

By Bloomberg: Norse Atlantic ASA is in discussions with two Asian airlines to lease out Boeing Co. 787 Dreamliners, according to people familiar with the matter, as the Norwegian budget carrier struggles with low cash reserves and rising fuel costs.

2026-08-14T09:37:52.690629-07:00
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Paddle Your Own KanooMateusz Maszczynski

‘It Could Have Been Disastrous’: Air Traffic Controller Carefully Handles Two American Airlines Planes With the Same Callsign as They Flew Towards One Another

By Paddle Your Own Kanoo: An air traffic controller at Phoenix International Airport (PHX) is winning praise for the calm way that he handled two American Airlines planes with the exact same callsign heading towards one another with just a couple of thousand feet vertical separation between the two… Something that the controller said he hadn’t.

2026-08-14T08:20:35.273073-07:00
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AeroTimeMiquel Ros

Avolon and Akasa Air agree sale and leaseback of seven Boeing 737-8200 aircraft

By AeroTime: Leasing firm Avolon and Indian airline Akasa Air sign on sale and leaseback of seven Boeing 737-8200 aircraft.

2026-08-14T06:34:55.787730-07:00
eVTOL   M&A   Boeing  
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ReutersDan Catchpole

Boeing's Wisk sale unlikely to kick off another divestment round

By Reuters: Boeing's announcement this week that it is selling Wisk Aero is less a signal of a broader breakup than an effort to shed a struggling, non-core air taxi business that had become a distraction from the aerospace giant's turnaround efforts, analysts said.

2026-08-14T06:20:49.292712-07:00
ch-aviationHilka Birns

Russia holds half of Ethiopian's $90mn blocked funds

By ch-aviation: Ethiopian Airlines (ET, Addis Ababa International) has USD90 million in ticket revenue awaiting repatriation from overseas markets, including USD45 million blocked in Russia because of financial sanctions imposed after the war in Ukraine, according to CCO Lemma Yadecha.

2026-08-14T06:05:22.068940-07:00