FlightGlobalDominic Perry

Mako raises $20M Series A to scale shark-skin Flightfilm low-drag coating, targeting ~4% fuel-burn reduction on the Airbus A320

Australian start-up Mako raised $20 million in Series A funding to accelerate commercial rollout of its shark-skin-inspired Flightfilm drag-reduction coating. The company claims the coating can cut fuel burn by about 4%, with initial deployment focused on the Airbus A320.

2026-06-29T07:10:56.082081-07:00
ch-aviationVanja Popovic

Lufthansa’s GEM, Beautech sign 10-year engine leasing deal

By ch-aviation: Lufthansa Group’s Group Engine Management (GEM) and BeauTech Power Systems have announced a 10-year engine leasing deal that will enable Lufthansa Group airlines to work with BeauTech on obtaining engine assets that support operational flexibility and fleet requirements.

2026-06-29T07:11:19.889145-07:00
NEW
ReutersAatreyee Dasgupta

Honeywell Aerospace rises in Nasdaq debut

By Reuters: Honeywell Aerospace shares rose 7% in their Nasdaq debut on Monday, marking another step in the three-way split of manufacturing giant ​Honeywell .

2026-06-29T07:40:42.388027-07:00
AeroTimeJean Carmela Lim

Vietjet seeks approval to launch Australian domestic service

By AeroTime: Vietjet Air is seeking regulatory approval to launch a domestic airline operation in Australia, a move that would make it the first international carrier to challenge Qantas and Virgin Australia directly in more than 10 years.

2026-06-29T05:41:57.880586-07:00