Reuters
Czechoslovak Group has acquired a 9.5% equity position in Canadian satellite maker MDA Space, making the Czech defense and industrial conglomerate its largest shareholder at the time of the announcement. CSG says the investment marks its entry into space and adds to its defense and aerospace businesses.
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Czechoslovak Group has acquired a 9.5% equity position in Canadian satellite maker MDA Space, making the Czech defense and industrial conglomerate its largest shareholder at the time of the announcement. CSG says the investment marks its entry into space and adds to its defense and aerospace businesses.
A Kenyan court has rejected Fly Angola’s bid to unwind its deal with Avmax. The available report provides no further details on the court’s reasoning, the transaction’s terms or the operational and financial consequences for either party.
Jin Air has secured approval in Vietnam for a merger involving a South Korean low-cost carrier. The clearance is a regulatory milestone for the transaction, though the available report does not specify the merger’s other parties, terms or remaining approvals.
Juneyao Air acquired 5.7 million H-shares in China Eastern Airlines for HKD15.1 million ($1.9 million), increasing its stake to 11.1%, according to a Hong Kong Stock Exchange disclosure dated Oct. 6, 2026. The disclosure adds a notable ownership development between two Chinese airlines.
South Korean lawmakers representing Busan are urging Korean Air to locate the headquarters of Jin Air after its merger in Busan, rather than Seoul. The appeal puts the airline’s post-merger headquarters location under political pressure as plans for the combined operation take shape.
Embraer Chief Executive Francisco Gomes Neto says the failed agreement to transfer control of the company’s commercial aviation business to Boeing ultimately had a positive outcome for the Brazilian manufacturer. His assessment recasts a major cross-border transaction that did not proceed as beneficial for Embraer.
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