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AINonline • Amy Wilder

Mente Group posts record $1B aircraft transactions for 2025; COO and revenue leadership promotions announced

Mente Group says it generated record aircraft-transaction volume of $1 billion in 2025, alongside internal leadership promotions that elevate key executives in revenue and company management. The update signals continued activity and capital movement in aircraft secondary markets heading into 2026.

2026-05-04T11:35:27.969235-07:00

APEX

Ethiopian Airlines earns APEX Best Airline in Africa Award for 2026, citing passenger feedback

2026-05-04T10:58:23.004210-07:00

AINonline

Otto Aerospace names Drennan as new leader amid leadership change for its Phantom 3500 business jet

2026-05-04T07:40:25.960309-07:00

ch-aviation

Turkish Airlines names new SVP Marketing

2026-05-03T22:10:36.207431-07:00

News Timeline

AINonline

Mente Group posts record $1B aircraft transactions for 2025; COO and revenue leadership promotions announced Mente Group says it generated record aircraft-transaction volume of $1 billion in 2025, alongside internal leadership promotions that elevate key executives in revenue and company management. The update signals continued activity and capital movement in aircraft secondary markets heading into 2026.

2026-05-04T11:35:27.969235-07:00

Mente Group posts record $1B aircraft transactions for 2025; COO and revenue leadership promotions announced

APEX

Ethiopian Airlines earns APEX Best Airline in Africa Award for 2026, citing passenger feedback Ethiopian Airlines has been named 2026 “Best Airline in Africa” by APEX Passenger Choice Awards, with the honor attributed to passenger feedback. The award was presented at Addis Ababa’s Bole International Airport, reinforcing Ethiopian’s ongoing market positioning across the continent.

2026-05-04T10:58:23.004210-07:00

Ethiopian Airlines earns APEX Best Airline in Africa Award for 2026, citing passenger feedback

AINonline

Otto Aerospace names Drennan as new leader amid leadership change for its Phantom 3500 business jet Otto Aerospace, the developer of the Phantom 3500 business jet, has announced that Drennan will take the helm as Touw exits the start-up’s leadership. The move signals a change in management as the company continues positioning the Phantom 3500 for market.

2026-05-04T07:40:25.960309-07:00

Otto Aerospace names Drennan as new leader amid leadership change for its Phantom 3500 business jet

FlightGlobal

Kota Ravi named HAL CMD, sets innovation and program-continuity agenda as Dhruv helicopter production extends into mid-2030s Hindustan Aeronautics Limited (HAL) has appointed Tejas veteran Kota Ravi (Ravi K) as its 22nd chairman and managing director, following DK Sunil’s retirement. The transition comes alongside plans to extend Dhruv helicopter production by another eight to ten years into the mid-2030s, alongside internal system upgrades.

2026-05-04T03:22:00.549777-07:00

Kota Ravi named HAL CMD, sets innovation and program-continuity agenda as Dhruv helicopter production extends into mid-2030s

ch-aviation

Turkish Airlines names new SVP Marketing Turkish Airlines has appointed a new senior vice president of marketing, a leadership change that signals a renewed focus on commercial strategy and brand execution. The appointment comes as the airline continues scaling its network and services from its Istanbul hub amid ongoing industry and leadership churn.

2026-05-03T22:10:36.207431-07:00

Turkish Airlines names new SVP Marketing

ch-aviation

ZIPAIR appoints new President and Representative Director ZIPAIR has named a new President and Representative Director, an executive leadership change that can influence governance, strategy and day-to-day decision-making across the carrier. The move comes as the airline continues to roll out its in-flight technology and connectivity modernization program.

2026-05-03T08:19:25.965360-07:00

ZIPAIR appoints new President and Representative Director

Economic Times

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Air India to cut ~100 flights/day from June, expand schedule reductions through July 2026 as jet-fuel spike and West Asia airspa Air India plans to reduce about 100 daily services starting in June, with further long-haul schedule trimming through July 2026 as surging turbine fuel prices and West Asia airspace restrictions make routes unprofitable. The May 7 board meeting will assess FY26 financials, cost cuts including unbundling meals and lounge access, and CEO succession.

2026-05-02T18:32:22.361639-07:00

Air India to cut ~100 flights/day from June, expand schedule reductions through July 2026 as jet-fuel spike and West Asia airspa

Paddle Your Own Kanoo

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DOT under Trump pushback on $2.5B Spirit bailout; Iran war blamed out, fares capped for rebooking U.S. Transportation Secretary Sean Duffy said the government does not need to provide a near-term bailout to low-cost carriers despite Spirit’s $2.5 billion relief request, calling the case a creditor issue and rejecting Iran-war fuel-price blame for Spirit’s shutdown. DOT also ordered most airlines to cap rebooking fares for canceled Spirit travelers.

2026-05-02T07:33:57.192885-07:00

DOT under Trump pushback on $2.5B Spirit bailout; Iran war blamed out, fares capped for rebooking

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Leadership News

Mente Group posts record $1B aircraft transactions for 2025; COO and revenue leadership promotions announced

Ethiopian Airlines earns APEX Best Airline in Africa Award for 2026, citing passenger feedback

Otto Aerospace names Drennan as new leader amid leadership change for its Phantom 3500 business jet

Turkish Airlines names new SVP Marketing

News Timeline