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AeroTimeClement Charpentreau

Belgium blocks China-linked GD Helicopter Finance takeover of NHV Group

Belgium has blocked the proposed acquisition of NHV Group by China-linked GD Helicopter Finance. The helicopter operator supports offshore energy and defense operations, making the decision a notable intervention in foreign investment involving strategically relevant aviation assets.

2026-08-06T05:59:14.772064-07:00
BloombergKate Duffy, Leen Al-Rashdan

Wizz Air Warns of Challenges Ahead After Posting Quarterly Loss

By Bloomberg: Wizz Air Holdings Plc reported a quarterly loss and said it will continue to see challenges in the industry as the European budget carrier struggles to control expenses while the Iran war pushes jet fuel prices higher.

2026-08-05T23:32:08.720770-07:00
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AeroTimeClement Charpentreau

Joby targets September for first US eVTOL pilot program flights

By AeroTime: Joby expects its first flights under the White House-backed eVTOL Integration Pilot Program in Texas in September 2026, with first passengers due this year.

2026-08-06T01:32:29.984636-07:00
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FlightGlobalDavid Kaminski-Morrow

Newly-approved Il-114-300 undergoing high-temperature tests to expand capabilities

By FlightGlobal: Russian turboprop flown to Uzbekistan two months after securing type certificate. Russian developers are looking to expand the Ilyushin Il-114-300 turboprop’s capabilities with a series of high-temperature tests.

2026-08-06T01:33:55.314298-07:00