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FlightGlobal • Dominic Perry

Sumitomo, SMBC, Apollo and Brookfield complete $28.2bn buyout of Air Lease, forming Sumisho Air Lease

Sumitomo, SMBC Aviation Capital, Apollo and Brookfield completed a $28.2 billion acquisition of Air Lease Corporation and formed Sumisho Air Lease to manage a fleet of more than 1,700 aircraft. SMBC will service the majority of the portfolio and arranged a $2 billion syndicated facility to support fleet funding.

2026-04-08T09:22:09.066032-07:00

ch-aviation

PIA shareholders approve transfer of 75% stake, pushing privatization to the finish line

2026-04-08T19:17:22.832141-07:00

Runway Girl

Scottish Leather Group acquires Aerotech Systems to expand aerospace interiors capability

2026-04-09T05:06:53.234701-07:00

Wall Street Journal

Investors Speculate on a Potential SpaceX–Tesla Merger as Musk Focuses on AI

2026-04-08T06:12:06.937000-07:00

News Timeline

Runway Girl

Scottish Leather Group acquires Aerotech Systems to expand aerospace interiors capability Scottish Leather Group has acquired Aerotech Systems Limited in a strategic deal intended to expand the group's aerospace interiors capability. The acquisition brings Aerotech into SLG’s cabin supply offering, increasing its manufacturing and procurement scale within the UK interiors supply chain as suppliers compete for seat and cabin work.

2026-04-09T05:06:53.234701-07:00

Scottish Leather Group acquires Aerotech Systems to expand aerospace interiors capability

ch-aviation

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PIA shareholders approve transfer of 75% stake, pushing privatization to the finish line Shareholders of Pakistan International Airlines have approved the transfer of a 75% stake in the national carrier, ch-aviation reports. The decision moves the long-running privatization effort significantly closer to completion, setting up an imminent change in majority ownership and management control.

2026-04-08T19:17:22.832141-07:00

PIA shareholders approve transfer of 75% stake, pushing privatization to the finish line

Space Intel Report

Lynk Global targets 2027 start for 640‑sat direct‑to‑device constellation as Omnispace merger awaits regulatory sign‑off More than five months after announcing their merger, Lynk Global says it is targeting a 2027 commercial start for a 640‑satellite direct‑to‑device (D2D) constellation. The plan is contingent on regulatory approval of the Lynk‑Omnispace combination and subsequent deployment milestones.

2026-04-08T13:18:59.779314-07:00

Lynk Global targets 2027 start for 640‑sat direct‑to‑device constellation as Omnispace merger awaits regulatory sign‑off

FlightGlobal

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Sumitomo, SMBC, Apollo and Brookfield complete $28.2bn buyout of Air Lease, forming Sumisho Air Lease Sumitomo, SMBC Aviation Capital, Apollo and Brookfield completed a $28.2 billion acquisition of Air Lease Corporation and formed Sumisho Air Lease to manage a fleet of more than 1,700 aircraft. SMBC will service the majority of the portfolio and arranged a $2 billion syndicated facility to support fleet funding.

2026-04-08T09:22:09.066032-07:00

Sumitomo, SMBC, Apollo and Brookfield complete $28.2bn buyout of Air Lease, forming Sumisho Air Lease

Wall Street Journal

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Investors Speculate on a Potential SpaceX–Tesla Merger as Musk Focuses on AI Investors and analysts are speculating about a possible SpaceX–Tesla merger as Elon Musk shifts his focus toward artificial intelligence. The chatter highlights market uncertainty over whether Musk will reconfigure his flagship companies to align AI assets and strategy across space, automotive and software businesses.

2026-04-08T06:12:06.937000-07:00

Investors Speculate on a Potential SpaceX–Tesla Merger as Musk Focuses on AI

MTU Aero Engines

MTU Aero Engines acquires AeroDesignWorks to enter UAV and guided‑missile propulsion market MTU Aero Engines has bought Cologne‑based AeroDesignWorks, a 2011 DLR spin‑out with about 40 staff, for an undisclosed sum. The acquisition brings AeroDesignWorks’ small turbojet/gas‑turbine engines for UAVs and guided missiles into MTU as a wholly owned subsidiary to accelerate its UAS and missile propulsion capabilities.

2026-04-08T06:06:39.393704-07:00

MTU Aero Engines acquires AeroDesignWorks to enter UAV and guided‑missile propulsion market

ch-aviation

Guinea seeks private investors for national airline, rules out state ownership Guinea has launched a search for private investors to take equity in a national carrier and explicitly ruled out retaining state ownership, opening the door to privatization or strategic partnerships. Details on timeline, valuation and investor criteria were not provided.

2026-04-08T04:56:42.835220-07:00

Guinea seeks private investors for national airline, rules out state ownership

FlightGlobal

IAG ends interest in TAP as Portugal reviews bids for 44.9% stake IAG has withdrawn interest in buying a stake in TAP Air Portugal as Portugal reviews bids for a 44.9% strategic stake — with a further 5% reserved for employees. The exit underscores contrasting acquisition strategies among Europe’s three major airline groups as offers are assessed.

2026-04-08T02:37:04.839142-07:00

IAG ends interest in TAP as Portugal reviews bids for 44.9% stake

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M&A News

Sumitomo, SMBC, Apollo and Brookfield complete $28.2bn buyout of Air Lease, forming Sumisho Air Lease

PIA shareholders approve transfer of 75% stake, pushing privatization to the finish line

Scottish Leather Group acquires Aerotech Systems to expand aerospace interiors capability

Investors Speculate on a Potential SpaceX–Tesla Merger as Musk Focuses on AI

News Timeline