AINonline
• Kerry Lynch
Bombardier will acquire the assets of Mitsubishi Heavy Industries’ MHI Canada Aerospace in Mississauga, near Toronto Pearson airport, adding a manufacturing site and approximately 750 employees. The transaction expands Bombardier’s Ontario production footprint and brings a previously outsourced operation under direct control, strengthening its supply-chain resilience.
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Bombardier will acquire the assets of Mitsubishi Heavy Industries’ MHI Canada Aerospace in Mississauga, near Toronto Pearson airport, adding a manufacturing site and approximately 750 employees. The transaction expands Bombardier’s Ontario production footprint and brings a previously outsourced operation under direct control, strengthening its supply-chain resilience.
The U.S. Federal Aviation Administration has tentatively approved JetBlue Airways’ purchase of airport slots from Spirit Airlines, advancing a transaction that could reshape access to constrained airports while adding a regulatory dimension to the carriers’ broader competitive and strategic plans.
South African Airways plans to resume its search for a strategic equity partner, reopening a process aimed at bringing outside investment into the state-owned carrier. The move puts the airline’s ownership and capital strategy back in focus as it seeks a prospective long-term partner.
TAP Air Portugal reported growing losses in the first half of 2026 as the Portuguese carrier awaits a decision on its planned sale. Air France-KLM and Lufthansa Group are competing to become TAP’s new owner, adding financial pressure to an already consequential privatization process.
Apollo funds have acquired a major share in Atlantic Aviation from KKR, which purchased the fixed-base operator chain in 2021. The transaction marks a change in ownership for one of the business aviation sector’s established FBO networks, but the available details do not disclose the stake’s value or terms.
Consolidation, shifting business models, sovereign space ambitions and a tougher investment environment are reshaping the global space sector. Industry leaders meeting in Paris are confronting increasingly interconnected pressures across commercial space, national capabilities and capital markets.
KKR transformed a decentralized network of private-jet terminals into a national infrastructure platform, more than doubling its value to $10 billion. The deal highlights the growing financialization of business-aviation infrastructure and the strategic value investors see in controlling private-jet fueling and service facilities.
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Highlands and Islands Enterprise has acquired the assets of Sutherland Spaceport Ltd following the collapse of launch company Orbex. The Scottish development agency has not yet determined what will happen to the spaceport, leaving the site’s operational and commercial future unresolved.
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