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AINonline • Jessica Reed

Textron to spin off Industrial segment, refocusing as a pure-play aerospace and defense company

Textron plans to separate its Industrial division, leaving the group anchored by Textron Aviation and helicopter maker Bell, plus defense-focused Textron Systems. The move follows strong Textron Aviation and Bell momentum, with management framing the spinoff as a strategic refocus toward aerospace and defense.

2026-04-30T11:23:34.943433-07:00

Space Intel Report

Indra acquisition of Hispasat and Hisdesat boosts Q1 results; Europe’s Iris2 confirmed, Startical air-traffic constellation stil

2026-04-30T11:31:54.215043-07:00

Payload

York Space Systems to acquire satcom terminal provider All.Space in a ~$355M deal

2026-04-30T06:32:32.868369-07:00

FlightGlobal

Arcus Infrastructure Partners to take majority stake in regional aircraft lessor TrueNoord

2026-04-30T06:45:29.956158-07:00

News Timeline

Space Intel Report

Indra acquisition of Hispasat and Hisdesat boosts Q1 results; Europe’s Iris2 confirmed, Startical air-traffic constellation stil Indra Group said its acquisition of satellite fleet operator Hispasat and military satellite services provider Hisdesat has materially increased the scale and profitability of its space business, setting up an expanded space portfolio. Indra also indicated Europe’s Iris2 program is “real,” while the Startical air-traffic constellation’s path remains uncertain.

2026-04-30T11:31:54.215043-07:00

Indra acquisition of Hispasat and Hisdesat boosts Q1 results; Europe’s Iris2 confirmed, Startical air-traffic constellation stil

AINonline

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Textron to spin off Industrial segment, refocusing as a pure-play aerospace and defense company Textron plans to separate its Industrial division, leaving the group anchored by Textron Aviation and helicopter maker Bell, plus defense-focused Textron Systems. The move follows strong Textron Aviation and Bell momentum, with management framing the spinoff as a strategic refocus toward aerospace and defense.

2026-04-30T11:23:34.943433-07:00

Textron to spin off Industrial segment, refocusing as a pure-play aerospace and defense company

FlightGlobal

Arcus Infrastructure Partners to take majority stake in regional aircraft lessor TrueNoord UK investor Arcus Infrastructure Partners will support TrueNoord’s development by acquiring a majority shareholding in the regional lessor. TrueNoord’s portfolio is expected to include more than 100 aircraft across multiple manufacturers, with Arcus slated to hold around 74% following the transaction.

2026-04-30T06:45:29.956158-07:00

Arcus Infrastructure Partners to take majority stake in regional aircraft lessor TrueNoord

Payload

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York Space Systems to acquire satcom terminal provider All.Space in a ~$355M deal York Space Systems plans to buy satellite communications terminal manufacturer All.Space (a Seraphim Space portfolio company) for about $355 million, according to SEC filings. The acquisition extends York beyond spacecraft production into user terminals and network connectivity to build a “complete communications ecosystem” for critical missions.

2026-04-30T06:32:32.868369-07:00

York Space Systems to acquire satcom terminal provider All.Space in a ~$355M deal

Skift

Allegiant’s Greg Anderson: Sun Country merger momentum meets a tougher “value airline” cost-and-demand backdrop As Allegiant’s merger with Sun Country advances, CEO Greg Anderson tells Skift that low-cost carriers are being squeezed by competitive value pricing. In parallel, Allegiant reported a return to fourth-quarter profitability—net income of $31.9 million—while full-year losses narrowed as revenue and operating performance improved.

2026-04-30T04:11:09.605346-07:00

Allegiant’s Greg Anderson: Sun Country merger momentum meets a tougher “value airline” cost-and-demand backdrop

ch-aviation

TransMedics to invest in PAD Aviation (Paderborn/Lippstadt) to build an organ transplant air-and-ground logistics network across US medical technology firm TransMedics has signed a definitive agreement to invest in Germany-based private aviation operator PAD Aviation (PVD, Paderborn/Lippstadt). The funding supports a dedicated organ transplant air-and-ground logistics network across Europe, linking air transport with ground distribution for time-critical medical cargo flows.

2026-04-29T14:25:59.511028-07:00

TransMedics to invest in PAD Aviation (Paderborn/Lippstadt) to build an organ transplant air-and-ground logistics network across

CNBC

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Fly Blade JV to launch on-demand helicopter flights in India—Mumbai–Pune and Shirdi beginning March 2019 Fly Blade Inc., positioning itself as an “Uber of helicopters,” says it will start India operations in March 2019 via a joint venture with Hunch Ventures. The initial service will operate intercity routes between Mumbai and Pune, with Shirdi added as the operation ramps, starting from intracity operations.

2026-04-29T09:05:15.328367-07:00

Fly Blade JV to launch on-demand helicopter flights in India—Mumbai–Pune and Shirdi beginning March 2019

Vertical Mag

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Blade goes public-market-ready for urban air mobility: CEO-backed $850M valuation and expanded Manhattan–JFK helicopter service Blade, the “Uber of helicopters,” is taking electric vertical aircrafts to the public markets at an initial valuation of about $850 million, per CEO Robert Wiesenthal. The company also broadened its on-demand helicopter offering with all-day rides from Manhattan to JFK, positioning it as a near-term UAM player while it expands beyond helicopter shuttles.

2026-04-29T09:04:38.231055-07:00

Blade goes public-market-ready for urban air mobility: CEO-backed $850M valuation and expanded Manhattan–JFK helicopter service

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M&A News

Textron to spin off Industrial segment, refocusing as a pure-play aerospace and defense company

Indra acquisition of Hispasat and Hisdesat boosts Q1 results; Europe’s Iris2 confirmed, Startical air-traffic constellation stil

York Space Systems to acquire satcom terminal provider All.Space in a ~$355M deal

Arcus Infrastructure Partners to take majority stake in regional aircraft lessor TrueNoord

News Timeline