News

CNBC • Leslie Josephs

Spirit in talks with Castlelake on potential takeover and asset-based financing

Spirit Airlines is in talks with alternative investment firm Castlelake over a potential takeover and asset-based financing as the ultra-low-cost carrier navigates Chapter 11 bankruptcy, people familiar with the matter told CNBC. Discussions would provide financing or a buyer to help Spirit exit Chapter 11.

2026-01-22T05:38:37.531960-08:00

Reuters

Senior Plc raises full-year profit forecast after aerospace outperformance

2026-01-21T23:32:56.519384-08:00

European Spaceflight

The Exploration Company in talks to buy Orbex as UK small‑launcher maker advances Proxima

2026-01-21T05:30:58.272551-08:00

ch-aviation

Heirs contest sale of Russian freighter operator Volga‑Dnepr

2026-01-20T21:52:33.779077-08:00

News Timeline

Vertical Mag

Summit Aviation acquires Blackcomb Helicopters' sightseeing business and aviation assets Summit Aviation has completed the purchase of Blackcomb Helicopters’ sightseeing business and associated aviation assets, transferring operations of one of Canada’s best-known helicopter operators. The deal moves Blackcomb’s tourism and aircraft resources into Summit’s portfolio, marking consolidation in the regional rotorcraft services market.

2026-01-22T06:04:36.350612-08:00

Summit Aviation acquires Blackcomb Helicopters' sightseeing business and aviation assets

CNBC

❗️

Spirit in talks with Castlelake on potential takeover and asset-based financing Spirit Airlines is in talks with alternative investment firm Castlelake over a potential takeover and asset-based financing as the ultra-low-cost carrier navigates Chapter 11 bankruptcy, people familiar with the matter told CNBC. Discussions would provide financing or a buyer to help Spirit exit Chapter 11.

2026-01-22T05:38:37.531960-08:00

Spirit in talks with Castlelake on potential takeover and asset-based financing

The Business Journals

Bombardier reshuffles senior leadership to accelerate defence, M&A, sales and aftermarket growth Bombardier has announced immediate senior leadership changes and restructured divisions across M&A, legal, sales, aftermarket support, engineering and defence to accelerate growth. The Montreal-based business-jet manufacturer hired a former Leonardo DRS strategist to lead M&A and appointed executives to run revamped sales, services and engineering teams.

2026-01-22T00:05:58.710953-08:00

Bombardier reshuffles senior leadership to accelerate defence, M&A, sales and aftermarket growth

Reuters

Senior Plc raises full-year profit forecast after aerospace outperformance British engineering group Senior Plc said on Thursday it has raised its full-year profit forecast after a stronger-than-expected performance in its aerospace business, citing improved margins and cash generation. The company said the upgraded guidance reflects better commercial and aftermarket activity across its aerospace operations.

2026-01-21T23:32:56.519384-08:00

Senior Plc raises full-year profit forecast after aerospace outperformance

European Spaceflight

❗️

The Exploration Company in talks to buy Orbex as UK small‑launcher maker advances Proxima The Exploration Company has signed a letter of intent to acquire UK rocket builder Orbex. Founded in 2015, Orbex is developing the Prime small launch vehicle and began work on a larger, medium‑lift Proxima in December 2024—an LOI that would consolidate European launch capabilities.

2026-01-21T05:30:58.272551-08:00

The Exploration Company in talks to buy Orbex as UK small‑launcher maker advances Proxima

ch-aviation

Heirs contest sale of Russian freighter operator Volga‑Dnepr Heirs of a shareholder are challenging the sale of Russia's cargo carrier Volga‑Dnepr, publicly questioning the legality of the transaction and its effect on control of the company. The dispute opens a legal contest over ownership of the Russian freighter operator.

2026-01-20T21:52:33.779077-08:00

Heirs contest sale of Russian freighter operator Volga‑Dnepr

European Spaceflight

❗️

Airbus satellite consolidation plan draws union resistance Airbus is moving to absorb Airbus Constellations Satellites into its broader space business, a consolidation plan that has prompted opposition from unions representing affected employees and raising concerns about job security. The push highlights labour friction as Airbus seeks to streamline its satellite operations.

2026-01-20T07:31:39.988994-08:00

Airbus satellite consolidation plan draws union resistance

ch-aviation

Bulgaria Air to buy catering firm from LSG Sky Chefs–dnata joint venture Bulgaria Air will buy a catering company from the joint LSG Sky Chefs–dnata venture. The deal transfers the provider of onboard catering into Bulgaria Air’s control, changing the supplier relationship for its flight operations and integrating a ground services function into the airline’s operations.

2026-01-20T06:07:32.115249-08:00

Bulgaria Air to buy catering firm from LSG Sky Chefs–dnata joint venture

Menu

M&A News

Spirit in talks with Castlelake on potential takeover and asset-based financing

Senior Plc raises full-year profit forecast after aerospace outperformance

The Exploration Company in talks to buy Orbex as UK small‑launcher maker advances Proxima

Heirs contest sale of Russian freighter operator Volga‑Dnepr

News Timeline