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ch-aviationDirk Andrei Salcedo

AirAsia Group seeks up to $1 billion in funding

AirAsia Group is seeking up to $1 billion in funding, according to Commercial Aviation News. The available report does not specify the financing structure, timing, intended use of proceeds, or whether the capital would support fleet, liquidity, or broader corporate priorities.

2026-08-19T20:50:06.914279-07:00

Asia-Pacific (APAC)

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AirAsia Group seeks up to $1 billion in funding

AirAsia Group is seeking up to $1 billion in funding, according to Commercial Aviation News. The available report does not specify the financing structure, timing, intended use of proceeds, or whether the capital would support fleet, liquidity, or broader corporate priorities.

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Sri Lanka joins EHang fast-track program to accelerate eVTOL certification and adoption

Sri Lanka will participate in EHang’s fast-track program aimed at compressing the certification and adoption timeline for the Chinese eVTOL platform from years to months. The initiative adds a South Asian market to efforts focused on speeding regulatory approval and commercial deployment of advanced air mobility aircraft.

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Reuters

High activity

SpiceJet’s Bankruptcy Cases to Be Reheard After Last-Minute Lessor Settlement

An Indian court will rehear bankruptcy petitions filed by aircraft lessors against cash-strapped SpiceJet before a new bench, after the airline reached a last-minute settlement with one lessor. The ruling delays proceedings and resets a closely watched test of lessors’ remedies against distressed airlines in India.

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Biman Bangladesh reissues tender for three Boeing 787s

Biman Bangladesh Airlines has reissued a tender to acquire three Boeing 787s, reopening a procurement effort for additional widebody aircraft. The move places the airline’s fleet expansion plans back into the market and could create a new order opportunity for Boeing.

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