Bloomberg
• Mihir Mishra
India’s space agency launched a navigation satellite aboard its GSLV rocket, aiming to strengthen the country’s location-tracking system. The available report does not identify the satellite, launch date or technical specifications, limiting assessment of the mission’s specific capabilities and contribution to the existing system.
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India’s space agency launched a navigation satellite aboard its GSLV rocket, aiming to strengthen the country’s location-tracking system. The available report does not identify the satellite, launch date or technical specifications, limiting assessment of the mission’s specific capabilities and contribution to the existing system.
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IATA reported a 7.7% year-on-year rise in global air cargo demand in September 2026, with international demand up 8.6%; North America and Asia-Pacific led growth, while the Middle East grew 3.8%. Separately, Boeing forecasts cargo traffic will double by 2045, expanding the global freighter fleet to 4,010 aircraft.
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Japanese eVTOL developer SkyDrive has signed a memorandum of understanding with six Singapore-based technology companies to explore joint research and development, and technical validation of aircraft components and systems. The agreement establishes a framework for collaboration; the announcement does not specify projects, funding or a commercial commitment.
The Royal Malaysian Air Force’s first KAI FA-50M, aircraft M58-01, arrived at Labuan Air Base on Oct. 30, opening deliveries of 18 light combat aircraft under the CAP55 modernization program. The aircraft are expected to broaden operating options across the South China Sea as training, weapons and logistical support become available.
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IndiGo reported 24% year-on-year revenue growth but an INR 18.8 billion net loss as fuel and currency pressures weighed on results. Garuda Indonesia’s nine-month revenue rose 13.2% and its loss narrowed, while ANA Holdings raised its full-year revenue forecast and maintained profit guidance on solid passenger and cargo demand.
KLM is increasing its A350 service to daily after five weekly rotations, while Philippine Airlines is operating its A350-1000 daily between Manila and San Francisco. PAL says the added premium seats come ahead of the year-end travel peak; KLM’s Montreal and Africa services are still awaited.
Air Indo Airlines, an Indian startup, is targeting a launch in mid-2Q27. The reported timeline puts a potential new entrant on the horizon, though the available information does not specify its planned fleet, routes, or operating model.
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