FlightGlobal
• Graham Rapier
The proposed merger of Mexican low-cost carriers Volaris and Viva has cleared U.S. regulatory review, reducing the likelihood of further scrutiny from American authorities. A Mexican government commission is expected to decide on the transaction by year-end, leaving domestic approval as the key outstanding hurdle.
M&A
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The proposed merger of Mexican low-cost carriers Volaris and Viva has cleared U.S. regulatory review, reducing the likelihood of further scrutiny from American authorities. A Mexican government commission is expected to decide on the transaction by year-end, leaving domestic approval as the key outstanding hurdle.
Turkey’s state-owned defense manufacturer MKE has established Zafer in Egypt, with all shares owned by MKE, General Manager Ilhami Keles said at the Al-Alamein airshow. The venture marks MKE’s first company in Egypt and expands its local corporate presence in a strategically important defense market.
Royal Group of Abu Dhabi will provide $1 billion to support a 50-satellite constellation developed by French-American startup Loft Orbital and UAE-based Marlan Space. The system will combine optical and radar imaging with AI to serve customers in Europe and the United Arab Emirates, while IHC prepares to acquire an 80% stake in Marlan Space.
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Singapore Airlines is expected to demand greater management influence and stronger governance rights before approving additional funding for Air India, where Tata Group’s turnaround has faced financial, operational and safety challenges. The negotiations follow Air India’s request for a significant shareholder capital infusion.
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GE Aerospace CEO Larry Culp says the company’s $11.75 billion acquisition of a critical castings supplier is designed to address a supply-chain chokepoint: shortages of engine components built to withstand extreme, blast-furnace-like operating conditions. The deal could reshape how aerospace manufacturers secure specialized engine parts.
GE Aerospace’s planned acquisition of Consolidated Precision Products would bring production of complex airfoils—among the most difficult turbofan components to manufacture—under greater control. The deal represents both a response to supply-chain constraints and a strategic effort to strengthen GE’s engine industrial base.
A US competition watchdog has approved the proposed merger of Mexican airlines Volaris and Viva, clearing a key regulatory hurdle for the combination. The decision advances consolidation between two major low-cost carriers, subject to any remaining approvals or closing conditions.
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GE Aerospace agreed to buy Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion. The acquisition brings a critical metal-castings supplier in-house as GE seeks greater capacity for advanced engine components amid persistent supply constraints.
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