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AeroTimeClement Charpentreau

Castlelake exits easyJet takeover race, leaving Apollo as sole bidder ahead of Aug. 7 deadline

Castlelake has abandoned its pursuit of easyJet, leaving Apollo Global Management as the only remaining suitor for the London-listed low-cost carrier. The development narrows the contest ahead of an Aug. 7 deadline for a firm offer or withdrawal.

2026-08-06T06:59:08.235759-07:00
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