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Lufthansa to move to 90% control of ITA Airways, formalizing majority stake deal for EUR325 million

Lufthansa has confirmed it is formalizing its option to buy an additional 49% in ITA Airways, taking its stake to 90% for EUR325 million. The move follows the group’s earlier plan to secure control in late 2Q26/early 2027, extending Lufthansa’s integration of ITA into its systems and alliance operations.

2026-05-12T02:05:54.075685-07:00

SpaceNews.com

Quantum Space to build maneuverable spacecraft in Tulsa, Oklahoma, aligning production with its new executive base

2026-05-12T12:24:46.032528-07:00

Vertical Mag

Thibauld Jongen appointed EASA certification director

2026-05-12T06:46:23.592482-07:00

Bloomberg

Boeing faces a 737 replacement crossroads as CEO Kelly Ortberg weighs how to sustain the comeback and rebuild trust

2026-05-11T15:47:26.665737-07:00

News Timeline

SpaceNews.com

Quantum Space to build maneuverable spacecraft in Tulsa, Oklahoma, aligning production with its new executive base Quantum Space says it will build its highly maneuverable spacecraft in Tulsa, Oklahoma, leveraging the city as the location of the company’s new chief executive. The decision ties the next phase of spacecraft development to an updated leadership and operations footprint in the US.

2026-05-12T12:24:46.032528-07:00

Quantum Space to build maneuverable spacecraft in Tulsa, Oklahoma, aligning production with its new executive base

Vertical Mag

Thibauld Jongen appointed EASA certification director EASA has named Thibauld Jongen as its aircraft certification director, placing him in charge of the agency’s certification posture and leadership of the function responsible for validating new and modified aircraft designs. The appointment signals a focus on combining innovation with aviation safety expertise within the EU type-certification framework.

2026-05-12T06:46:23.592482-07:00

Thibauld Jongen appointed EASA certification director

newsroom.lufthansagroup.com

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Lufthansa to move to 90% control of ITA Airways, formalizing majority stake deal for EUR325 million Lufthansa has confirmed it is formalizing its option to buy an additional 49% in ITA Airways, taking its stake to 90% for EUR325 million. The move follows the group’s earlier plan to secure control in late 2Q26/early 2027, extending Lufthansa’s integration of ITA into its systems and alliance operations.

2026-05-12T02:05:54.075685-07:00

Lufthansa to move to 90% control of ITA Airways, formalizing majority stake deal for EUR325 million

ch-aviation

China Eastern Airlines ex-chair held for bribery as corruption probe spotlights governance risks in airline procurement China Eastern Airlines’ former chair was held over an alleged bribery case, according to cluster coverage. The development adds to scrutiny of airline leadership conduct and the controls surrounding aircraft and other procurement decisions.

2026-05-11T17:03:41.420917-07:00

China Eastern Airlines ex-chair held for bribery as corruption probe spotlights governance risks in airline procurement

Bloomberg

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Boeing faces a 737 replacement crossroads as CEO Kelly Ortberg weighs how to sustain the comeback and rebuild trust Boeing CEO Kelly Ortberg must soon decide how to replace the 737 and restore public confidence in the company’s trajectory. The strategic call comes against a backdrop of Boeing’s efforts to turn the page with regulators, airlines, and global customers, including in Trump- and China-linked diplomacy.

2026-05-11T15:47:26.665737-07:00

Boeing faces a 737 replacement crossroads as CEO Kelly Ortberg weighs how to sustain the comeback and rebuild trust

The Air Current

FAA top safety oversight and certification executive set to retire The FAA’s senior executive overseeing safety oversight and aircraft certification is retiring, prompting a leadership transition at the center of the agency’s certification and compliance posture. The change arrives as the FAA continues broader modernization efforts across oversight and airspace operations.

2026-05-11T15:47:25.989220-07:00

FAA top safety oversight and certification executive set to retire

Vertical Mag

Columbia Helicopters names Melanie Bergier CEO and president Columbia Helicopters has appointed Melanie Bergier as its CEO and president, positioning her to lead the company’s aviation operations and strategic growth agenda. The move signals a top-level leadership reset for the helicopter operator, with Bergier brought in for experience aligned to scaling and execution.

2026-05-11T15:30:24.496759-07:00

Columbia Helicopters names Melanie Bergier CEO and president

Breaking Defense

Navy creates three Portfolio Acquisition Executives to accelerate aviation, mission systems and munitions delivery The U.S. Department of the Navy has stood up three Portfolio Acquisition Executive (PAE) offices—PAE Aviation, PAE Mission Systems and PAE Munitions—with interim officials tasked to run procurement and fielding. The goal is enterprise-level prioritization and faster delivery of warfighting capability “at speed” across naval aviation and supporting mission and munitions portfolios.

2026-05-11T15:26:55.472090-07:00

Navy creates three Portfolio Acquisition Executives to accelerate aviation, mission systems and munitions delivery

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Leadership News

Lufthansa to move to 90% control of ITA Airways, formalizing majority stake deal for EUR325 million

Quantum Space to build maneuverable spacecraft in Tulsa, Oklahoma, aligning production with its new executive base

Thibauld Jongen appointed EASA certification director

Boeing faces a 737 replacement crossroads as CEO Kelly Ortberg weighs how to sustain the comeback and rebuild trust

News Timeline