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Lufthansa locks in ITA Airways control: to raise stake to 90% for €325m, formalizing majority ownership option

Lufthansa Group says it is exercising options to acquire an additional 49% in ITA Airways, lifting its participation from 41% to 90%. The transaction is set to be completed in June 2026 for €325 million, cementing Lufthansa’s majority control of the Italian carrier.

2026-05-12T02:05:54.075685-07:00

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Air Peace to retire its Boeing 737 Classics from service

2026-05-12T03:13:38.721063-07:00

newsroom.lufthansagroup.com

Lufthansa Group commits to 20 new long-haul widebodies: 10 Airbus A350-900 and 10 Boeing 787-9, $7.7B order

2026-05-11T15:07:08.340850-07:00

AINonline

Wheels Up net loss widens to $83M in Q1 2026 as revenue slides during jet fleet transition; company adds debt

2026-05-11T20:46:01.860667-07:00

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Air Peace to retire its Boeing 737 Classics from service Nigeria’s Air Peace is retiring its Boeing 737 Classics, signaling a fleet downcycle away from the older narrowbody generation. The move highlights ongoing operator-level fleet optimization as carriers recalibrate cost, capability, and capacity against newer single-aisle options.

2026-05-12T03:13:38.721063-07:00

Air Peace to retire its Boeing 737 Classics from service

newsroom.lufthansagroup.com

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Lufthansa locks in ITA Airways control: to raise stake to 90% for €325m, formalizing majority ownership option Lufthansa Group says it is exercising options to acquire an additional 49% in ITA Airways, lifting its participation from 41% to 90%. The transaction is set to be completed in June 2026 for €325 million, cementing Lufthansa’s majority control of the Italian carrier.

2026-05-12T02:05:54.075685-07:00

Lufthansa locks in ITA Airways control: to raise stake to 90% for €325m, formalizing majority ownership option

Air Data News

Embraer renews C-390 Millennium push in Colombia and Chile while UAE signs on for dedicated C-390 partnership Embraer is stepping up negotiations for C-390 Millennium sales in Colombia and Chile, targeting a Latin America export customer for the multi-mission transport. In parallel, the UAE Air Force contract was formalised at a ceremony involving Mansour bin Zayed, alongside an exclusive strategic partnership agreement with Generation 5 Holding covering C-390 work in-country.

2026-05-12T02:04:24.378715-07:00

Embraer renews C-390 Millennium push in Colombia and Chile while UAE signs on for dedicated C-390 partnership

AINonline

Wheels Up net loss widens to $83M in Q1 2026 as revenue slides during jet fleet transition; company adds debt Wheels Up reported a net loss of $83 million on revenue of $168.9 million in the first quarter of 2026, down 5% year over year, as it completed its fleet overhaul 18 months ahead of schedule. Management tied the revenue dip to the ongoing transition and raised new debt alongside the aircraft mix reset.

2026-05-11T20:46:01.860667-07:00

Wheels Up net loss widens to $83M in Q1 2026 as revenue slides during jet fleet transition; company adds debt

ch-aviation

RGA-Black Stone Airlines to add Boeing 737 freighters Indonesia’s RGA-Black Stone Airlines is planning to add Boeing 737 freighters to expand its cargo lift capability. The move underscores continued investment in medium-size freighter capacity, complementing broader fleet initiatives that include 737 freighter conversions and larger-aircraft freighter refresh programs.

2026-05-11T20:07:28.851775-07:00

RGA-Black Stone Airlines to add Boeing 737 freighters

AINonline

Airbus pitches ACJ TwoTwenty growth in India, citing the country as South Asia’s strongest business-jet market Airbus says India is its strongest South Asian market for business jets and is targeting additional VIP sales growth with the ACJ TwoTwenty. The manufacturer’s push underscores how business-aviation demand is becoming a more central growth lever alongside airline programs.

2026-05-11T15:31:42.467915-07:00

Airbus pitches ACJ TwoTwenty growth in India, citing the country as South Asia’s strongest business-jet market

newsroom.lufthansagroup.com

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Lufthansa Group commits to 20 new long-haul widebodies: 10 Airbus A350-900 and 10 Boeing 787-9, $7.7B order Deutsche Lufthansa AG’s supervisory board has approved a follow-on long-haul fleet renewal order for 20 widebodies, split evenly between Airbus and Boeing: 10 A350-900s and 10 787-9s. Deliveries are scheduled for 2032–2034, with the package valued at $7.7 billion.

2026-05-11T15:07:08.340850-07:00

Lufthansa Group commits to 20 new long-haul widebodies: 10 Airbus A350-900 and 10 Boeing 787-9, $7.7B order

ch-aviation

LATAM Airlines Brasil reevaluates Lima as A321-200NX (A321neo XLR) base amid high airport fees LATAM Airlines Brasil is reconsidering using Lima as a hub/basing point for its A321-200NX (A321neo XLR) plan, citing high airport fees that change the economics of the intended deployment. The decision signals sensitivity to cost per departure as carriers use long-range narrowbody capacity.

2026-05-11T11:08:45.689093-07:00

LATAM Airlines Brasil reevaluates Lima as A321-200NX (A321neo XLR) base amid high airport fees

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Orders News

Lufthansa locks in ITA Airways control: to raise stake to 90% for €325m, formalizing majority ownership option

Air Peace to retire its Boeing 737 Classics from service

Lufthansa Group commits to 20 new long-haul widebodies: 10 Airbus A350-900 and 10 Boeing 787-9, $7.7B order

Wheels Up net loss widens to $83M in Q1 2026 as revenue slides during jet fleet transition; company adds debt

News Timeline