M&A News

Reuters

High activity

Singapore Airlines Seeks Greater Control Before Committing More Capital to Air India

Singapore Airlines is expected to demand greater management influence and stronger governance rights before approving additional funding for Air India, as Tata Group’s turnaround faces financial, operational and safety challenges. Tata Sons has approved its share of a proposed capital infusion, while Singapore Airlines remains a minority shareholder.

The Air Current

High activity

GE Aerospace CEO Larry Culp targets engine-part shortages with $11.75 billion castings acquisition

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.

FlightGlobal

GE Aerospace to acquire Consolidated Precision Products in push to control critical engine airfoils

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.

ch-aviation

US competition watchdog approves Volaris–Viva merger

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.

Reuters

High activity

GE Aerospace to acquire Consolidated Precision Products for $11.75 billion, expanding engine-casting capacity

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.

ch-aviation

Russian government says Aeroflot stake sale is ready, timing remains uncertain

The Russian government says preparations for a sale of its stake in Aeroflot are complete, but has not provided a timetable for the transaction. The announcement leaves the airline’s ownership outlook unresolved while signaling that a potential state divestment remains active.

Reuters

European Airlines Face a Slow Path to US-Style Consolidation

Europe’s fragmented airline market is unlikely to consolidate as rapidly as the post-2008 U.S. sector, despite rising costs and transactions such as the proposed $8 billion easyJet buyout. The Iran war may be a weaker catalyst than initially expected, but industry economics point toward a more rational, higher-fare future.

ch-aviation

High activity

Singapore defends Singapore Airlines’ 25.1% Air India stake as carrier seeks $1.5 billion from owners

Singapore’s government backed Singapore Airlines’ investment in Air India, saying overseas expansion is essential to the flag carrier’s growth and that shareholders must judge the outcome. The defense comes as Air India seeks an additional $1.5 billion in equity from Singapore Airlines and Tata Sons, after the partners invested more than $1 billion in FY2024/25.