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Turkey’s Baykar Technology eyes own cargo carrier

Turkey’s Baykar Technology is considering establishing its own cargo carrier, according to Commercial Aviation News. The move would extend the company’s aviation footprint beyond its established defense and unmanned-aircraft activities, although the report provides no details on timing, fleet, routes or operating structure.

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Pegasus wins Turkish approval to acquire Smartwings Group

Turkey’s competition authority has approved Pegasus Airlines’ planned acquisition of the Smartwings Group, including Czech Airlines and subsidiary Smartwings. The July 23, 2026 decision clears a key regulatory step toward Pegasus taking sole control of the Czech-based group.

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Japan’s Skymark Airlines refinances $160 million in loans

Japan’s Skymark Airlines has refinanced loans totaling $160 million, marking a significant balance-sheet financing transaction for the carrier. The deal highlights the importance of continued access to financing for airline operators managing fleet, liquidity and broader business requirements.

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China Eastern Airlines says it spent $148 million on share buyback

China Eastern Airlines says it has spent $148 million repurchasing its own shares, providing a limited but material signal of capital-allocation priorities at one of China’s major airlines. The available report does not disclose the number of shares bought or the program’s timing.

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