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FlyNow moves global headquarters to Riyadh as Saudi Arabia ramps up eVTOL and air-taxi activity

Thomas Sleightholm FlyNow, developer of pilotless electric aircraft aimed at air taxi, logistics and emergency-response use, has officially relocated its global headquarters to Riyadh. The move signals a tighter operational footprint in Saudi Arabia for an eVTOL strategy that targets commercialization-ready applications.

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Airline Weekly

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UK and Europe expand defense investment at Farnborough, from GCAP and Dreadnought to Ukraine and autonomous aircraft

Farnborough coverage underscored Europe’s widening defense commitments: the UK allocated £8.6 billion to GCAP and released £8.4 billion in existing Dreadnought submarine funding, while the EU approved €3.47 billion for Ukrainian military hardware. New autonomous aircraft and sovereign-production plans highlighted the industrial implications.

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PaxEx.Aero

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Allegiant Air to introduce “Allegiant First” premium cabin on select aircraft from spring 2027

Allegiant Air says it will roll out a new premium product, including first-class seating for the first time on select aircraft starting spring 2027, along with priority check-in/boarding and covered baggage. The airline will also add complimentary inflight beverages in advance of the seat rollout, beginning Aug. 1, 2026.

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Global aviation industry groups launch joint runway incursion initiative to share risk-assessment tools

A coalition of global aviation industry groups has launched a joint runway incursion initiative aimed at improving runway safety. The program focuses on sharing tools—including risk assessment resources—across participating organizations to strengthen detection, prevention, and mitigation of runway incursions.

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Bloomberg

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Airbus reaffirms 2026 guidance after strong H1/record delivery momentum

Airbus reported 351 commercial aircraft delivered in the first half of 2026, up from 306 in H1 2025, alongside a 15% increase in half-year revenues to €23.9 billion. The company reaffirmed its full-year target of 870 aircraft deliveries and guided to €7.5 billion adjusted EBIT and ~€4.5 billion free cash flow, citing stronger commercial output and defense gains.

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