ch-aviation
• Daniel Martinez Garbuno
Portugal’s Grupo SATA has received six bids for its handling unit, according to the report. The number of offers establishes multiple parties are seeking the business, though the bidders, proposed valuations and next steps were not disclosed.
M&A
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Portugal’s Grupo SATA has received six bids for its handling unit, according to the report. The number of offers establishes multiple parties are seeking the business, though the bidders, proposed valuations and next steps were not disclosed.
A proposed combination of SpaceX and Tesla hinges on support from the carmaker’s shareholders, according to the report. The companies are described as being in very different positions, making the shareholder question central to whether Musk’s merger vision can advance.
Lufthansa is considering a sale of software assets valued at $1.1 billion, according to a report in Commercial Aviation News, Operator & Airport Data. The available report summary provides no details on the assets, potential buyers or timing, leaving the scope of the contemplated transaction unclear.
Boliviana de Aviación is weighing a restructuring that would decentralize the state-owned airline and sell a 30% ownership stake. The available report provides no details on potential buyers, timing or how the proposed changes would affect BoA’s fleet, operations or governance.
Ávoris Group has denied interest in acquiring Spanish airline Plus Ultra. The available report provides no further details on the denial or any potential transaction.
High activity
Safran reported adjusted third-quarter 2026 revenue of €9.003 billion, up 14.7% year over year, with civil engine aftermarket activity up 18.7%. CEO Olivier Andriès said the company is investing to support Airbus’ Rate 75 and Boeing’s 737 Rate 63; Safran also confirmed its full-year outlook and launched the sale of its cabin business.
Korean Air is planning to establish a Busan base for the low-cost carrier formed by integrating Jin Air with its other LCC subsidiaries, according to a document obtained by South Korean lawmakers and reported by The Financial News. The proposal would give the combined airline a second hub alongside its existing operations.
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