SpaceWatch Global
• Joshua Faleti
Intuitive Machines has completed its previously announced acquisition of Goonhilly Earth Station and COMSAT LLC, following an agreement reached in May. The transaction adds ground-station and communications assets to Intuitive Machines’ portfolio as it positions itself as a vertically integrated space prime.
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Intuitive Machines has completed its previously announced acquisition of Goonhilly Earth Station and COMSAT LLC, following an agreement reached in May. The transaction adds ground-station and communications assets to Intuitive Machines’ portfolio as it positions itself as a vertically integrated space prime.
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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From 2 February 2027, Jetstar will replace its 7kg cabin-baggage allowance with size-based rules, charging separately for larger bags stored overhead and priority boarding. Separately, Qantas has agreed to divest its entire stake in Jetstar Japan in a deal valued at about ¥8.2 billion ($52 million), expected to close 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 secured its largest-ever Canadian defense contract, valued at roughly $1.63 billion to $1.9 billion, requiring 69 additional Lightspeed satellites for Arctic communications. Separately, the U.S. Space Force awarded $615 million for space-based airborne-target tracking, while Bombardier evaluates a Canadian GlobalEye modification facility.
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.
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