ch-aviation
• Vanja Popovic
Norse Atlantic Airways has launched a formal process that could lead to a sale, merger or partnership, tying the strategic review to the loss of its damp-lease agreement with IndiGo Airlines from November 2026. The move puts the long-haul leisure carrier’s ownership and operating model under review.
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Norse Atlantic Airways has launched a formal process that could lead to a sale, merger or partnership, tying the strategic review to the loss of its damp-lease agreement with IndiGo Airlines from November 2026. The move puts the long-haul leisure carrier’s ownership and operating model under review.
Allegiant Air says it will further reduce its off-peak schedule while integrating Sun Country, providing more detail on the merger’s financial impact since the transaction closed in May. The changes highlight the near-term operational and network adjustments accompanying the combined carrier’s integration.
High activity
Intuitive Machines has completed its previously announced acquisition of Goonhilly Earth Station and COMSAT LLC, following an agreement reached in May. The transaction adds ground-station and communications assets to Intuitive Machines’ portfolio as it positions itself as a vertically integrated space prime.
India’s Adani Group is exploring a potential stake in a regional airline, according to Commercial Aviation News. The report does not disclose the carrier, the size or structure of the possible investment, or whether the discussions could lead to a broader strategic transaction.
High activity
From 2 February 2027, Jetstar will replace its 7kg cabin-baggage allowance with size-based rules, charging separately for larger bags stored overhead and priority boarding. Separately, Qantas has agreed to divest its entire stake in Jetstar Japan in a deal valued at about ¥8.2 billion ($52 million), expected to close by June 2027.
Korean Air has postponed for a second time the closing of its KRW750 billion ($525 million) purchase of the remaining 80% of Korean Air C&D Service. The transaction’s closing date has moved to August 31, 2026, extending the timeline for full ownership of the catering unit.
High activity
Telesat secured its largest-ever Canadian defense contract, valued at roughly $1.63 billion to $1.9 billion, requiring 69 additional Lightspeed satellites for Arctic communications. Separately, the U.S. Space Force awarded $615 million for space-based airborne-target tracking, while Bombardier evaluates a Canadian GlobalEye modification facility.
Brazil’s CADE has approved American Airlines’ $100 million investment for an approximately 8% stake in Azul Linhas Aéreas, without imposing shareholder restrictions. The decision clears a regulatory hurdle for Azul’s restructuring and strengthens the carriers’ broader commercial relationship, including codeshare expansion and seasonal network development.
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