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Aviation Week • Chen Chuanren

Cebu Pacific to fold AirSWIFT into Cebgo from July 1, 2026

Cebu Pacific has told AirSWIFT customers that beginning July 1, 2026, all AirSWIFT flights will be operated by its subsidiary Cebgo, moving the boutique carrier further into Cebu Pacific’s low-cost group structure. Cebgo is also set to take over AirSWIFT operations, retiring the AirSWIFT brand while preserving existing Philippine regional routes.

2026-06-15T07:33:33.857493-07:00

Bloomberg

OHB to raise €500M via rights offering as SpaceX IPO lifts European space valuation appetite

2026-06-15T01:48:31.296516-07:00

ch-aviation

Government weighs partial sale of SriLankan Airlines amid financial distress

2026-06-14T23:31:49.147033-07:00

ch-aviation

Pakistan government approves final bill for Pakistan International Airlines (PIA) privatisation

2026-06-15T00:17:19.795885-07:00

News Timeline

Aviation Week

Cebu Pacific to fold AirSWIFT into Cebgo from July 1, 2026 Cebu Pacific has told AirSWIFT customers that beginning July 1, 2026, all AirSWIFT flights will be operated by its subsidiary Cebgo, moving the boutique carrier further into Cebu Pacific’s low-cost group structure. Cebgo is also set to take over AirSWIFT operations, retiring the AirSWIFT brand while preserving existing Philippine regional routes.

2026-06-15T07:33:33.857493-07:00

Cebu Pacific to fold AirSWIFT into Cebgo from July 1, 2026

DefenseNews.com

Applied Aerospace & Defense CEO: IPO signals a new growth phase for a space-and-defense contractor Applied Aerospace & Defense’s CEO discussed the company’s recent IPO and what going public changes for its trajectory. The remarks position the listing as a strategic inflection point for the contractor’s ability to fund growth and respond to defense-linked demand in space and military engineering markets.

2026-06-15T06:49:20.759521-07:00

Applied Aerospace & Defense CEO: IPO signals a new growth phase for a space-and-defense contractor

Bloomberg

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OHB to raise €500M via rights offering as SpaceX IPO lifts European space valuation appetite German satellite manufacturer OHB plans a €500 million ($581 million) rights issue, positioning the capital raise to increase free float and fund growth linked to Europe’s space and defense programs. KKR is set to reduce its stake as investor momentum follows SpaceX’s high-profile IPO.

2026-06-15T01:48:31.296516-07:00

OHB to raise €500M via rights offering as SpaceX IPO lifts European space valuation appetite

ch-aviation

Pakistan government approves final bill for Pakistan International Airlines (PIA) privatisation The Pakistani government has approved the final privatisation bill for Pakistan International Airlines (PIA), moving the carrier’s ownership transition to the legislative end-stage. The decision sets the formal path for subsequent steps tied to the transaction and future operator/ownership structure.

2026-06-15T00:17:19.795885-07:00

Pakistan government approves final bill for Pakistan International Airlines (PIA) privatisation

ch-aviation

Government weighs partial sale of SriLankan Airlines amid financial distress Reporting says Sri Lanka’s government is considering a partial sale of cash-strapped SriLankan Airlines. The move would indicate further steps to address the carrier’s funding pressure through ownership restructuring, rather than relying solely on continued state support.

2026-06-14T23:31:49.147033-07:00

Government weighs partial sale of SriLankan Airlines amid financial distress

FlightGlobal

Reaction Engines’ IP snapped up in administrators’ sale after hypersonic propulsion collapse An undisclosed buyer has acquired the intellectual property of UK hypersonic propulsion developer Reaction Engines following the company’s collapse and appointment of administrators. Administrators said attention will likely focus on the firm’s thermal management technology and associated patent portfolio.

2026-06-14T06:17:04.534005-07:00

Reaction Engines’ IP snapped up in administrators’ sale after hypersonic propulsion collapse

Flying Magazine

Sonex Aviation relaunches after shutdown, resumes kit building and parts supply under new ownership Three months after Sonex Aircraft shut down and one month after a new owner took over, Sonex Aviation is back in business. The relaunch includes building aircraft kits and supplying parts, restoring aftermarket support after the brief interruption.

2026-06-12T08:28:13.109950-07:00

Sonex Aviation relaunches after shutdown, resumes kit building and parts supply under new ownership

Corporate Jet Investor

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Flexjet acquires London’s The Jet Business; Steve Varsano named president Flexjet has announced the acquisition of The Jet Business, a London-based aircraft brokerage and advisory firm founded by Steve Varsano. Varsano—known for TikTok-driven aviation marketing—will become president, with the business set to influence Flexjet’s fleet additions and subtractions.

2026-06-12T01:57:25.582358-07:00

Flexjet acquires London’s The Jet Business; Steve Varsano named president

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M&A News

Cebu Pacific to fold AirSWIFT into Cebgo from July 1, 2026

OHB to raise €500M via rights offering as SpaceX IPO lifts European space valuation appetite

Government weighs partial sale of SriLankan Airlines amid financial distress

Pakistan government approves final bill for Pakistan International Airlines (PIA) privatisation

News Timeline