Bloomberg
• Karen Leigh
Jetstar will replace its 7kg cabin-baggage allowance with size-based rules from February 2027, charging separately for larger bags placed in overhead lockers and priority boarding. Separately, Qantas has agreed to divest its entire stake in Jetstar Japan for about ¥8.2 billion ($52 million), with completion expected by June 2027.
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India’s Adani Group is exploring a potential stake in a regional airline, according to Commercial Aviation News. The report does not disclose the carrier, the size or structure of the possible investment, or whether the discussions could lead to a broader strategic transaction.
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Jetstar will replace its 7kg cabin-baggage allowance with size-based rules from February 2027, charging separately for larger bags placed in overhead lockers and priority boarding. Separately, Qantas has agreed to divest its entire stake in Jetstar Japan for about ¥8.2 billion ($52 million), with completion expected by June 2027.
Korean Air has postponed for a second time the closing of its KRW750 billion ($525 million) purchase of the remaining 80% of Korean Air C&D Service. The transaction’s closing date has moved to August 31, 2026, extending the timeline for full ownership of the catering unit.
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Telesat will expand its Lightspeed constellation by 69 satellites under a major Canadian military contract for secure Arctic communications. Separately, the U.S. Space Force awarded $615 million for space-based airborne-target tracking, while Bombardier is considering a Canadian facility to modify Saab GlobalEye aircraft.
Brazil’s CADE has approved American Airlines’ $100 million investment for an approximately 8% stake in Azul Linhas Aéreas, without imposing shareholder restrictions. The decision clears a regulatory hurdle for Azul’s restructuring and strengthens the carriers’ broader commercial relationship, including codeshare expansion and seasonal network development.
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SpaceX’s first earnings report as a public company will provide investors with new visibility into Starlink’s growth, AI and Starship spending, financial guidance and the impact of a major share unlock. The coverage also highlights launch capacity reserved for Starlink and complications surrounding a possible Tesla merger.
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Qantas has completed the sale of its 33.32% Jetstar Japan stake to the low-cost carrier for ¥8.2 billion ($52.1 million). The restructuring, involving Japan Airlines and the Development Bank of Japan, will leave Jetstar Japan wholly Japanese-owned and redirect Qantas capital toward its Australian operations.
ETL Systems has acquired Amphinicy Technologies, a developer of software for satellite communications and Earth-observation markets. The deal is intended to help ETL address more complex ground-segment requirements and broaden its end-to-end offering; financial terms were not disclosed.
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