eVTOL Insights
• Thomas Sleightholm
Revolv Space, an Italy- and Netherlands-based aerospace power systems developer, raised €5 million in a Series A led by Deep Ocean Capital to expand R&D and production. Separately, Avio reported nine-month revenue up 17%, with missile propulsion at 33% of backlog, and is advancing its U.S. expansion.
Air Cargo & Freight Logistics
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Natilus has selected Composites Universal Group to manufacture the wings for the full-scale Kona blended-wing-body freighter. The selection marks a supplier milestone for the aircraft, with wing delivery planned for 2027; the article does not provide production volumes or other program details.
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Revolv Space, an Italy- and Netherlands-based aerospace power systems developer, raised €5 million in a Series A led by Deep Ocean Capital to expand R&D and production. Separately, Avio reported nine-month revenue up 17%, with missile propulsion at 33% of backlog, and is advancing its U.S. expansion.
High activity
Singapore Airlines Group reported first-half revenue of S$11.3 billion, a record, but operating profit fell 29.1% to S$569 million and net profit dropped 43.9% to S$134 million. Strong passenger and cargo demand helped cushion higher fuel costs linked to the Middle East conflict; the group also warned of possible demand spillover effects.
The UK carrier is now operating its first two Boeing 777-200LR(MF) freighters in revenue service, becoming the launch operator of the Mammoth Freighters-converted type. The start of operations marks the aircraft’s entry into commercial service.
Motu Link Airline is now aiming to resume cargo operations during the end-of-year holiday season, after missing its previous mid-September 2026 target. The French Polynesian carrier’s sole ATR 72-500F freighter was damaged in a nose landing gear incident, leaving its cargo service suspended.
The four cargo carriers have signed a memorandum of understanding to explore closer cooperation on Japan-Europe routes. The agreement brings together Lufthansa Cargo, Swiss WorldCargo, All Nippon Airways and Nippon Cargo Airlines, though the announcement does not specify the scope or timing of any operational changes.
Mowi has revived a $10 million claim alleging an airline cartel, bringing renewed legal scrutiny to competition in air cargo. The available report summary does not identify the airlines accused or provide further details on the claim’s status.
Thai Airways International continues to contend with a substantial cargo backlog at Bangkok Suvarnabhumi despite easing flood conditions. More than 1,000 consignments remain outstanding, while another 700-800 cargo pallets are awaiting unloading.
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