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FlightGlobal • Alfred Chua

Air China sells 1.61% of Cathay Pacific for HK$1.32bn; says support ‘unchanged’

Air China has sold 108.1 million Cathay Pacific shares — about 1.61% of the carrier — for HK$1.32 billion (roughly US$170m), reducing its stake to about 27.11%. The airline says its support remains unchanged; Cathay expects the stake to rise to ~29.98% after a planned repurchase of Qatar Airways' shares.

2026-01-05T20:02:41.752941-08:00

aerotelegraph.com

Portugal asks Air France‑KLM, IAG and Lufthansa to submit binding bids for TAP privatisation

2026-01-05T01:21:05.047558-08:00

FlightGlobal

Senior sells aerostructures unit to Sullivan Street Partners for £200m

2026-01-05T03:08:41.528206-08:00

FlightGlobal

ProMedia Group acquires FlightGlobal, Railway Gazette and DVV Media transport, aviation and HR portfolios

2026-01-05T02:24:13.850893-08:00

News Timeline

FlightGlobal

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Air China sells 1.61% of Cathay Pacific for HK$1.32bn; says support ‘unchanged’ Air China has sold 108.1 million Cathay Pacific shares — about 1.61% of the carrier — for HK$1.32 billion (roughly US$170m), reducing its stake to about 27.11%. The airline says its support remains unchanged; Cathay expects the stake to rise to ~29.98% after a planned repurchase of Qatar Airways' shares.

2026-01-05T20:02:41.752941-08:00

Air China sells 1.61% of Cathay Pacific for HK$1.32bn; says support ‘unchanged’

Aviation Week

GD Helicopter Finance to pivot from lessor to operator with NHV takeover GD Helicopter Finance plans to acquire Belgium-based NHV Group and pivot from a pure helicopter lessor into an active rotorcraft operator. The transaction, agreed with private equity owner Ardian and subject to regulatory approval, is expected to close in the first quarter of 2026 and encompasses NHV's offshore H175 operations.

2026-01-05T08:11:24.441467-08:00

GD Helicopter Finance to pivot from lessor to operator with NHV takeover

AeroTime

Rheinmetall and MBDA to form German high‑energy laser joint venture Rheinmetall and MBDA Deutschland will create a German limited‑liability joint venture in Q1 2026 to commercialise high‑energy laser weapons, formalising a cooperation that began in 2019 and has already produced a shipborne demonstrator tested at sea. It will focus on moving demonstrators into operational naval and land air‑defence systems.

2026-01-05T05:45:12.761767-08:00

Rheinmetall and MBDA to form German high‑energy laser joint venture

FlightGlobal

Senior sells aerostructures unit to Sullivan Street Partners for £200m UK-listed engineering group Senior has completed the sale of its aerostructures business to investment firm Sullivan Street Partners for £200 million ($269 million). The divestment removes Senior from large-structure manufacturing and hands the aerostructures unit to a private-equity buyer, reshaping its aerospace supply-chain footprint.

2026-01-05T03:08:41.528206-08:00

Senior sells aerostructures unit to Sullivan Street Partners for £200m

FlightGlobal

ProMedia Group acquires FlightGlobal, Railway Gazette and DVV Media transport, aviation and HR portfolios Dutch professional publisher ProMedia Group has acquired the aviation, transport and HR portfolios of UK-based DVV Media International, including FlightGlobal, Railway Gazette and HeavyLift. The deal expands ProMedia’s international footprint and signals a push to further digitalise and integrate these specialist trade brands.

2026-01-05T02:24:13.850893-08:00

ProMedia Group acquires FlightGlobal, Railway Gazette and DVV Media transport, aviation and HR portfolios

aerotelegraph.com

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Portugal asks Air France‑KLM, IAG and Lufthansa to submit binding bids for TAP privatisation Portugal has advanced TAP Air Portugal’s privatisation, asking the three shortlisted bidders — Air France‑KLM, IAG and Lufthansa Group — to submit concrete offers. The government requires firms to specify price, plans for developing TAP and proposals for sharing future financial upside with the state.

2026-01-05T01:21:05.047558-08:00

Portugal asks Air France‑KLM, IAG and Lufthansa to submit binding bids for TAP privatisation

ch-aviation

PIA to restart Islamabad–London nonstop on March 29, 2026 as government urged to approve carrier sale Pakistan International Airlines will resume direct Islamabad–London flights on March 29, 2026, the carrier announced, while officials press the government to approve a planned sale of the national airline. The relaunch follows PIA’s recent return to UK services and sits within a wider privatisation push.

2026-01-04T22:33:52.522911-08:00

PIA to restart Islamabad–London nonstop on March 29, 2026 as government urged to approve carrier sale

Reuters

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L3Harris nears sale of space‑propulsion stake to AE Industrial, opening pathway into Pentagon’s Golden Dome work L3Harris is nearing a sale of its space‑propulsion stake to AE Industrial, a deal that transfers propulsion hardware, IP and supplier relationships to the buyer. The acquisition could give AE Industrial opportunities in commercial space missions and position it to compete for Pentagon Golden Dome missile‑defense contracts backed by multibillion‑dollar funding.

2026-01-04T13:27:43.379943-08:00

L3Harris nears sale of space‑propulsion stake to AE Industrial, opening pathway into Pentagon’s Golden Dome work

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M&A News

Air China sells 1.61% of Cathay Pacific for HK$1.32bn; says support ‘unchanged’

Portugal asks Air France‑KLM, IAG and Lufthansa to submit binding bids for TAP privatisation

Senior sells aerostructures unit to Sullivan Street Partners for £200m

ProMedia Group acquires FlightGlobal, Railway Gazette and DVV Media transport, aviation and HR portfolios

News Timeline