AINonlineJessica Reed

Textron to separate its Industrial segment, creating a “New Textron” pure-play aerospace and defense firm

Textron Inc. said it intends to separate its Industrial segment to refocus on its aerospace and defense franchises—Textron Aviation, Bell, and Textron Systems. The company framed the move as a way to sharpen strategic/operational focus and enhance long-term shareholder value, alongside reporting Q1 2026 revenues of $3.7 billion (+12%).

2026-04-30T11:23:34.943433-07:00
MTU Aero Engines

MTU Aero Engines starts 2026 with increase in revenue and earnings

By MTU Aero Engines: MTU Aero Engines AG remains on an upwards trajectory, having once again increased its revenue and earnings during the first quarter of 2026.

2026-04-30T02:41:19.470820-07:00
Air Data NewsRicardo Meier

Embraer’s Praetor 600E receives FAA, EASA and ANAC certification

By Air Data News: Updated version of the Praetor 600 brings redesigned cabin, with deliveries planned for 2029 Embraer said its Praetor 600E has received type certification from Brazil’s ANAC, the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA).

2026-04-30T06:57:10.380741-07:00
Airline EconomicsSuper Admin

Avolon Q1 net income rises 32% to $191m on strong cashflow and aircraft activity

By Airline Economics: Avolon reported a 32% rise in Q1 2026 net income to $191 million, with higher lease revenue, strong operating cashflow and continued aircraft acquisitions and sales supporting results.

2026-04-30T05:02:08.191192-07:00