Atlas Air Worldwide has finalized its acquisition of a 49% minority stake in Air Atlanta Icelandic, transferring the airline’s aircraft to Titan Aviation Holdings under long-term leases. The transaction expands Atlas Air’s control of freighter capacity and further consolidates the world’s largest Boeing 747 freighter fleet.
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Atlas Air Worldwide has finalized its acquisition of a 49% minority stake in Air Atlanta Icelandic, transferring the airline’s aircraft to Titan Aviation Holdings under long-term leases. The transaction expands Atlas Air’s control of freighter capacity and further consolidates the world’s largest Boeing 747 freighter fleet.
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ORIX Aviation has agreed to acquire UK-based AerFin from its current private equity owners in a transaction valued at approximately $640 million, expected to close by year-end. The deal adds aircraft, engine and component trading, leasing, repair and end-of-life services to ORIX’s asset-management platform.
All Nippon Airways remained profitable in the April-June quarter despite a higher fuel bill, though earnings declined year over year. The Japanese carrier said its “disciplined” approach helped contain the impact, while strong passenger and cargo demand made fuel-price pressure less severe than anticipated.
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International Airlines Group said British Airways captured stronger premium demand as business travelers avoided the Middle East, while the conflict constrained first-half capacity. Fuel costs and an Aer Lingus loss pressured earnings, prompting IAG to hold group capacity flat for 2026 as Vueling pursues savings through its 737 Max transition.
A Gates-founded firm is backing a startup developing lower-carbon jet fuel produced from hydrogen and carbon dioxide. The investment targets a potentially cheaper pathway to produce clean aviation fuel by converting hydrogen and CO2 into jet-range hydrocarbons, aiming to scale decarbonized fuel supply.
DHL Express increased its commitment to Mammoth Freighters-converted B777-200LR(MF) aircraft from nine to 13, adding four deliveries slated to enter service in 2026. DHL said the first aircraft will be placed with DHL Air at D0 Nottingham East Midlands.
SES says it will provide multi-orbit in-flight connectivity for LATAM Airlines under a new multi-year agreement, connecting more than 60 Airbus and Embraer aircraft over the next few years. The contract expands LATAM’s satellite-based connectivity footprint across its Airbus and Embraer fleets.
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