eVTOL Insights
• Thomas Sleightholm
Chinese eVTOL developer TCab Tech has signed an MOU with Selangor Information Technology and Digital Economy Corporation to explore commercializing its five-seat E20 electric aircraft in Malaysia. The agreement also aims to support the company’s expansion across Southeast Asia; the parties have not disclosed specific commercial or operational plans.
Asia-Pacific (APAC)
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Chinese eVTOL developer TCab Tech has signed an MOU with Selangor Information Technology and Digital Economy Corporation to explore commercializing its five-seat E20 electric aircraft in Malaysia. The agreement also aims to support the company’s expansion across Southeast Asia; the parties have not disclosed specific commercial or operational plans.
Starlink’s entry into India remains stalled as the company faces security reviews and spectrum requirements. The regulatory hurdles complicate Elon Musk’s effort to challenge the country’s established telecom operators, leaving the timing of a launch uncertain.
Asman Airlines plans to add Airbus A321s to its fleet by the middle of the second quarter of 2027. The report does not specify how many aircraft the Kyrgyz carrier intends to add or how it plans to source them.
Jin Air has secured approval in Vietnam for a merger involving a South Korean low-cost carrier. The clearance is a regulatory milestone for the transaction, though the available report does not specify the merger’s other parties, terms or remaining approvals.
Juneyao Air acquired 5.7 million H-shares in China Eastern Airlines for HKD15.1 million ($1.9 million), increasing its stake to 11.1%, according to a Hong Kong Stock Exchange disclosure dated Oct. 6, 2026. The disclosure adds a notable ownership development between two Chinese airlines.
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AirAsia is seeking RM4.2 billion (about $1 billion) in new funding as higher operating costs intensify financial pressure on the low-cost carrier. Co-founder Tony Fernandes met Malaysian finance ministry officials to discuss possible government support for the fundraising, according to people cited by Reuters; Fernandes has denied requesting financial assistance.
South Korean lawmakers representing Busan are urging Korean Air to locate the headquarters of Jin Air after its merger in Busan, rather than Seoul. The appeal puts the airline’s post-merger headquarters location under political pressure as plans for the combined operation take shape.
Niigata prefecture has indicated it will defer Toki Air’s ¥290 million ($1.8 million) loan instalment, due Oct. 30, 2026, for a second consecutive year. The relief remains provisional and gives the regional carrier more time before repayment falls due.
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