2026

Bengaluru, India | May 13, 2026: Rossell Techsys Limited, provider of engineering and manufacturing solutions for the aerospace and defence sector, announced its audited financial results for Q4 and the full year ended March 31, 2026. The company reported consistent performance in Q4 FY26, with revenue from operations rising to ₹142.3 crore,marking a 62% year-on-year increase. The growth was driven by continued execution momentum across Rossell Techsys’ aerospace,semiconductor, and space businesses, supported by increasing customer engagements, program ramp-ups, and repeat orders from global OEMs and Tier-1 customers. FY26 Performance ● Revenue from operations for FY26 stood at ₹485.2 crore, registering 87% year-on-year growth ● Profit/(Loss) from Ordinary Activities before Exceptional items increased 165% year-on-year to 28.5 Crore ● EBITDA rose 73% year-on-year to approximately ₹66.6 crore The company’s aerospace and defence business remained the primary growth driver during FY26, supported by strong execution, on-time deliveries, and deeper engagement with global OEMs and customers. The semiconductor business also emerged as a significant contributor, driven by successful qualification programs, rapid volume ramp-up, and the addition of new overseas customers. The space segment also progressed meaningfully during the year, transitioning from qualification programs to scalable execution and positioning the business for further growth in FY27. Additionally, Rossell Techsys strengthened its presence in the Indian market through MRO certifications, DTA establishment, and initial order wins, creating a strong domestic growth platform. Commenting on the results, Rishab Mohan Gupta, Managing Director of Rossell Techsys, said: “Q4 marked a defining quarter for Rossell Techsys as we delivered strong growth across all our businesses. We more than doubled our revenue and achieved record quarterly performance in Q4, all while building a robust order pipeline. Our teams executed consistently on marquee aerospace, defence, semiconductor and space programs, deepening partnerships with global OEMs and Tier-1 customers. This has significantly improved our long-term visibility. We also made strategic investments in capacity expansion,talent and processes to prepare for the next phase of growth.” Senthil Balasubramanian, Chief Executive Officer, added: “Our Q4 performance reflects the strength of our execution and scalability as we ramped up operations to meet growing customer demand. We continue to see strong momentum from repeat orders and new program wins, supported by expanded manufacturing capacity in Bengaluru.”

Mumbai, 11 May 2026: CSMIA, Mumbai has been honoured with the Zero Waste to Landfill (ZWL) Platinum – Class I Rating by the Confederation of Indian Industry (CII). With this rating,Mumbai Int.Airport joins the ranks of Indian airports handling over 50 million passengers annually that have earned this certification. This recognition highlights the airport’s sustainable waste management, with over 99 per cent of waste diverted from landfills through integrated, airport-wide systems. The ZWL assessment verified that CSMIA has implemented waste management practices through efficient segregation, recycling, and recovery mechanisms, with key waste streams such as plastic waste, MSW wet and dry, and other recyclables successfully diverted from landfills. Conducted in FY2025-26, the assessment aligns with ZWL’s objective of maximising waste diversion while minimising overall generation. Primary waste sources at the airport includes food, plastic, paper, and operational waste.

Mumbai, 8th May 2026: Chhatrapati Shivaji Maharaj International Airport (CSMIA), operated by Mumbai International Airport Limited (MIAL), has completed its annual runway maintenance programme, reinforcing operational readiness ahead of the monsoon season. Conducted over a six-hour window from 11:00 hours to 17:00 hours, the exercise covered thorough inspection of Runway 09/27 (3448 metres) and Runway 14/32 (2871 metres), both of which are now restored and fully operational. Planned well in advance, the operation was supported by six months of stakeholder coordination, enabling airlines to realign flight schedules in advance. For an airport handling over 950 air traffic movements (ATMs) daily, such preventive maintenance is critical. It ensures runway infrastructure consistently meets the highest safety and operational standards, strengthens drainage systems and safeguards operations during the high-intensity monsoon period. The scope of work included pavement maintenance, electrical checks across Airfield Ground Lighting systems and substations, rubber removal, surface markings and large-scale drain cleaning. Technical teams also inspected runway intersections, over 3,000 runway lights and critical cable networks supporting lighting, information technology and navigational systems to ensure uninterrupted performance.

Mumbai, 6th May 2026: The Mumbai International Airport has announced that the airport has scheduled its annual pre-monsoon runway maintenance for 7 May 2026, between 1100 hrs and 1700 hrs. During this time, both the primary runway 09/27 and secondary runway 14/32 will be temporarily non-operational. As part of CSMIA’ s comprehensive monsoon contingency plan, stakeholder consultation was carried out six months in advance to notify airlines and other stakeholders, enabling airlines to adjust their flight schedules well ahead of time, enabling them to plan appropriately. This annual pre-monsoon maintenance is crucial for preserving the health and longevity of CSMIA’s expansive airside infrastructure, covering 1,033 acres. Specialists will inspect runway surfaces for wear and tear, addressing preventive measures to ensure safe landings and take-offs during the monsoon season. CSMIA also leverages modern machinery and exhaustive planning to monitor the entire maintenance process, ensuring timely execution within the designated six-hour window. CSMIA has meticulously coordinated this maintenance with multiple stakeholders, including airlines and aviation authorities, to enable a seamless experience for passengers.

New Delhi, 30th April 2026: Raksha Mantri Rajnath Singh will hold bilateral talks with the Minister of Defence of Italy Guido Crosetto in New Delhi on April 30, 2026. During the meeting, the Ministers will discuss a range of issues covering defence cooperation between the two countries. They are also expected to share their views on regional and global issues in view of the evolving security landscape. Defence cooperation between India and Italy gained further momentum after Raksha Mantri visited Rome in October 2023. Defence Minister Crosetto’s maiden visit to India underlines the desire of both nations to further expand existing cooperation and explore new areas of collaboration particularly under the industrial partnership domain. The signing of India-EU Defence & Strategic Partnership in January 2026 signals increasing strategic convergence and has provided further impetus to defence industrial cooperation in areas of mutual interest.

PANAMA CITY, 29th April 2026: At a ceremony with Panamanian President José Raúl Mulino, Copa Airlines and CFM International* (“CFM”) finalized an agreement for CFM LEAP-1B engines to power 40 firm and 20 option Boeing 737 MAX aircraft. Pedro Heilbron, Chief Executive Officer of Copa Airlines, said, “For Copa Airlines, the signing of this agreement represents a significant step toward continuing to strengthen our operations and the connectivity we provide from Panama. Through the Hub of the Americas®, we have consolidated our position as the leading connection center in the region, offering more flights and destinations, along with the best on-time performance in the Americas. Incorporating new aircraft will be key to further expanding our operations and destination network, as well as continuing to contribute to the economic development of Panama and the region by generating new jobs and driving growth in the tourism sector.” Lawrence Culp, Jr., Chairman and CEO of GE Aerospace said, “CFM is proud to have a decades-long relationship with Copa Airlines. The LEAP-powered 737 MAX will further strengthen Copa’s position as one of the leading carriers in Latin America as it expands its network and modernizes its fleet across the Americas.” Gaël Méheust, President and CEO of CFM International said, “We’re honored that Copa Airlines has again chosen to place its confidence in CFM. The LEAP-powered 737 MAX will be a powerful asset for Copa with the lower fuel consumption, longer range, and the high reliability that airlines value.” Copa Airlines has more than a quarter century of history with CFM and continues to modernize its fleet with the latest-generation LEAP-powered aircraft. Copa Airlines became a CFM customer in 1999 with an order for eight Boeing 737 aircraft with CFM56-7B engines. The airline currently operates more than 100 CFM-powered aircraft, with more than 30 additional LEAP-1B powered aircraft on order. With more than 4,600 aircraft delivered to date, CFM LEAP engines have experienced the fastest ramp in commercial aviation history. Advanced technologies like composite fan blades and ceramic matrix composites deliver an engine for customers that is 15% more fuel efficient, with 15% lower carbon emissions than prior-generation CFM56 engines. Backed by advanced health monitoring systems and an open Maintenance, Repair, and Overhaul ecosystem, CFM LEAP engines offer mature reliability and enable high asset utilization for narrowbody aircraft. *CFM is a 50/50 joint venture between GE Aerospace and Safran Aircraft Engines.

Kuala Lumpur,29th April 2026: Preliminary March 2026 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed robust growth in international passenger traffic, reflecting healthy travel appetite. Asian carriers also benefited from an upsurge in demand on Asia-Europe routes, as travellers shifted to alternative routings following airspace closures and operational disruptions at Middle East hubs. For the month, a combined total of 33.9 million passengers flew on the region’s carriers, representing an 8.5% year-on-year increase. Demand, as measured in revenue passenger kilometres (RPK), rose by a solid 11.3%, reflecting strength on longer-haul routes. This increase in demand significantly outpaced the 1.9% year-on-year expansion in available seat capacity. As a result, the average international passenger load factor rose markedly, by 7.4 percentage points to a record high of 87.6% in March. Supply chains were also disrupted by the war, resulting in cargo flight cancellations and the subsequent rerouting of Asia – Europe cargo flows away from key Middle East hubs. Against this backdrop, international air cargo demand, as measured in freight tonne kilometres (FTK), rose by 2.5% year-on-year in March, supported by an increased demand for timely shipments. Offered freight capacity rose by 3.8%, resulting in a 0.7 percentage point decline in the average international freight load factor to 62.3%. Commenting on the results, Mr. Wong Hong, AAPA Director General, said, “The aviation industry faced multiple challenges in March, as military conflict in the Middle East led to flight cancellations and a sharp increase in jet fuel prices. Asia Pacific airlines responded swiftly by making network adjustments, including adding flights on key Asia – Europe routes, and trimming unprofitable routes in the face of higher fuel and operating costs. This supported both passenger and cargo demand during the month, bringing first quarter growth to 6.2%, with 102 million international passengers carried, and a 5.7% increase in air cargo demand.” Wong Hong added, “However, the impact of the Middle East conflict has begun to weigh on what had been an encouraging start to the year. Already grappling with high operating costs due to persistent supply chain issues, airlines are now facing additional strain, with jet fuel prices up by 80% year-on-year to an average of US$156 per barrel in March, compared to US$87 per barrel a year earlier. Fuel remains the single largest cost item for Asia Pacific carriers, accounting for around 30% of total operating expenses.” Looking ahead, Mr. Wong Hong concluded, “The duration of the Middle East conflict is going to add uncertainty to the global economic outlook and air travel demand. Against this backdrop, Asia Pacific airlines continue to maintain vigilance over cost controls while maintaining international connectivity. The region’s airlines remain committed to the highest safety standards, and to working closely with governments and industry stakeholders to ensuring safe, efficient and sustainable operations.”

Jeddah, April 23, 2026 Saudia, the national flag carrier of Saudi Arabia, has commenced its Hajj 2026 operations, marking the arrival of the first flight carrying pilgrims to the Kingdom. Flight SV5807 arrived at King Abdulaziz International Airport in Jeddah from Dhaka, carrying 376 pilgrims. His Excellency Engr. Saleh Al-Jasser, Minister of Transport and Logistics Services, and His Excellency Engr. Ibrahim Al-Omar, Director General of Saudia Group, welcomed the flight alongside senior officials from across the Hajj ecosystem, underscoring the Kingdom’s continued commitment to enhancing the pilgrimage experience. Saudia’s Hajj operational plan spans 75 days across both arrival and departure phases, facilitating the movement of pilgrims from around the world. The operation is supported by a comprehensive suite of integrated services, delivered in close coordination with relevant entities to ensure a seamless and efficient journey. For the 2026 season, Saudia has allocated more than one million seats across its domestic and international network, supported by a fleet of 160 aircraft dedicated to Hajj operations. The airline will serve pilgrims from 145 destinations worldwide, leveraging its full operational and technical capabilities. A dedicated workforce across all operational sectors is deployed around the clock to maintain smooth and efficient performance throughout the season. His Excellency Engr. Ibrahim Al-Omar, Director General of Saudia Group, said: “Serving pilgrims is a national priority, and Saudia plays an integral role within a broader ecosystem dedicated to this mission. In alignment with Saudi Vision 2030, and in partnership with the Ministry of Hajj and Umrah and the Pilgrim Experience Program, we continue to advance initiatives that enhance the Hajj journey. As we contribute to the Kingdom’s objective of facilitating travel for 30 million pilgrims and Umrah performers by 2030, we remain committed to delivering a high standard of service at every stage, supported by disciplined operations and strong on-time performance.” Saudia continues to offer a range of services tailored to pilgrims, including the issuance of boarding passes for both arrival and return flights at international departure points, as well as domestic segments, in addition to operating supplementary flights to Madinah. The airline expects to serve more than 179,000 pilgrims through the “Makkah Route” initiative, while the “Luggage First” service is set to handle approximately 330,000 bags and 230,000 bottles of Zamzam water. Onboard, services are designed to support pilgrims throughout their journey. These include Miqat announcements made 30 minutes prior to crossing, the broadcast of Talbiyah, and a dedicated inflight channel featuring educational content on Hajj and Umrah rituals, alongside catering options tailored to diverse preferences.