2026

At the Farnborough International Airshow, Eve Air Mobility announced two major agreements totaling up to 46 eVTOL aircraft, securing a powerful new leasing partnership with Shearwater Global Capital and a strategic regional deployment network with Swiss-based Moov Airways. Shearwater LOI – Up to 16 eVTOLs: Shearwater Global Capital, the specialized aviation finance company of private credit firm Bay Point, is expanding its platform to include emerging asset classes. By leveraging Eve’s industry-leading backlog, Shearwater will offer innovative leasing solutions that lower the barrier to entry, helping operators globally accelerate fleet deployment and access sustainable aircraft. Read the full press release here Moov LOI – Up to 30 eVTOLs: Moov, a Swiss startup building the “Atlantic Gateway” intercontinental network, will explore how zero-emission eVTOLs can transform regional mobility, airport-to-resort shuttles, and sightseeing across Cabo Verde’s key islands (including São Vicente, Santo Antão, Sal, Praia, and Boa Vista). Read the full press release here Why this matters: Both partnerships bring unmatched operational discipline. Shearwater possesses deep asset-based lending expertise, while Moov’s leadership team boasts over 150 years of combined aviation experience from carriers like Azul, Swiss, Etihad, and FedEx. Combined with Eve’s backing from Embraer’s 56-year aerospace legacy, these initiatives are primed for safe, scalable execution.

Kuala Lumpur, 16th July 2026: Preliminary financial performance figures released today by the Association of Asia Pacific Airlines (AAPA) showed that Asia Pacific airlines achieved US$12.1 billion in combined net profits in 2025, driven by firm passenger and cargo demand, while lower fuel prices helped offset cost pressures arising from ongoing supply chain disruptions. For the year, Asia Pacific airlines recorded US$223.7 billion in aggregated operating revenue, a 4.3% increase from US$214.5 billion in 2024. Passenger revenue rose by 4.7% to US$178.4 billion, driven by healthy growth in passenger traffic, which helped offset the impact of a 2.8% decline in passenger yields to 7.8 US cents per RPK. Cargo revenue increased by 1.4% to US$23.6 billion, despite weakness in freight rates, as reflected in a 2.0% fall in cargo yields to 32.1 US cents per FTK. Amid positive global economic conditions last year, the region recorded a 7.7% increase in systemwide passenger demand, as measured in revenue passenger kilometres (RPK), with both long-haul and intra-regional travel remaining buoyant. Systemwide air cargo demand, measured in freight tonne kilometres (FTK), rose by 3.5%, supported by front-loading activities ahead of tariff hikes, as airlines responded swiftly to evolving trade flows. Combined operating expenses increased by 4.3% to US$209.4 billion for the year, led by a 7.8% jump in non-fuel costs to US$151.1 billion. Ongoing supply chain disruptions and inflationary pressures contributed to higher expenditure on staff, leasing, maintenance and airport charges. By contrast, fuel expenditure declined by 3.7% to US$58.3 billion, reflecting a 9.5% fall in global jet fuel prices to an average of US$88.8 per barrel. As a result, the share of fuel expenditure as a percentage of total operating costs decreased by 2.3 percentage points to 27.8% in 2025. Commenting on the financial results, Wong Hong, AAPA Director General said, “Asia Pacific airlines entered 2025 from a position of strength, with robust passenger and cargo demand supporting another year of profitable growth. While easing fuel prices provided some relief, persistent supply chain disruptions and inflationary pressures pushed non-fuel operating costs higher. Despite these headwinds, the region’s carriers maintained operating margins at 6.4%, reflecting continued operational discipline and nimbleness in responding to evolving market conditions.” Wong Hong added, “Although the region’s carriers remain on a solid footing, the challenging operating environment of the past few months shows no sign of abating. The ongoing conflict in the Middle East, together with broader geopolitical tensions, is likely to contribute to continued volatility in oil and currency markets.” “Airlines are facing a persistently high operating cost environment, exacerbated by a sharp increase in jet fuel prices. Consequently, fuel expenditure, the largest single operating cost item for airlines, is expected to rise this year.” Looking ahead, Mr. Wong Hong said, “Increasing cost pressures may weigh on consumer spending and business sentiment in the coming months. Nevertheless, the outlook remains broadly positive, as passenger and air cargo markets are currently holding firm, supported by 4.4%1 growth in the region’s economy this year. Asia Pacific carriers continue to expand their networks and service offerings, while maintaining strict cost controls in a challenging operating environment.”

London, 14th July 2026: Farnborough International Airshow will welcome a significant international finance and investment community to the Aerospace Global Forum: Finance Summit, a new platform designed to connect global capital with opportunities in aerospace, defence, space, cyber, and enabling technologies. Created to build meaningful connections between capital and industry, the Finance Summit will bring together carefully selected senior investment decision-makers from across the global financial ecosystem. More than 600 investors from around 350 companies have been identified for participation, spanning major investment banks, sovereign wealth funds, private equity, fund managers, hedge funds, venture capital, consultancies, M&A specialists, stock exchanges, trade bodies and corporate advisory organisations. Senior representatives are expected from a broad range of finance organisations, including Barclays Bank PLC (Strategic Partner of the Airshow), Goldman Sachs, J.P. Morgan, Citigroup, HSBC, Deutsche Bank, UBS, Blackstone, Carlyle, Warburg Pincus, Mubadala, Qatar Investment Authority, Temasek International, Tikehau Capital, the British Business Bank, the London Stock Exchange and UK Export Finance, among others. Discussing the new summit, Gareth Rogers, CEO of Farnborough International, said: “Finance and investment have always been underlying themes of the airshow, but we wanted to give it emphasis to support the industry as it accelerates. The launch of the Finance Summit is our response to the growing demand from investors seeking direct access to high-quality market insight, business development opportunities and emerging innovation across aerospace, defence and space. Attendees have identified the conference programme, market trends, new business partnerships, existing partner engagement and visibility of new projects as key reasons for attending. Taking place as part of the Aerospace Global Forum at Farnborough International Airshow 2026, the Finance Summit will feature keynote sessions, panel discussions, roundtables and dedicated networking opportunities. The programme is designed to connect investors, banks and consultancies with leading aerospace, defence, security and space organisations, from global primes to emerging start-ups. The Finance Summit reinforces Farnborough International Airshow’s role as a global platform where capital meets innovation, supporting long-term ecosystem engagement and helping aerospace, defence and space businesses access the relationships, insight and investment needed to scale.

New Delhi, 13th July 2026: Air India has taken yet another step forward in its transformation journey with the Directorate General of Civil Aviation (DGCA) approving the use of Electronic Technical Logbooks (ETL) as the primary technical document for its Boeing 787 fleet and authorising parallel implementation across the Boeing 777 fleet. This will boost Air India’s commitment to leveraging technology to strengthen operational performance, safety, reliability, and sustainability and position it as a technology-enabled, modern global airline. With this approval, Air India has now become one of the first airlines to adopt fleet-wide Electronic Technical Logbooks across its entire B787 widebody fleet, to achieve a complete fleet-wide ETL implementation. The Electronic Technical Logbook replaces traditional paper-based maintenance records with a secure digital platform, enabling faster, more accurate, and more efficient management of aircraft maintenance and engineering activities. The digital system provides real-time information sharing between maintenance engineers, and operational teams, improving coordination, accelerating defect reporting and rectification, and enhancing aircraft dispatch reliability. The ETL platform also delivers enhanced data integrity, traceability, and regulatory compliance while providing advanced analytics that support predictive maintenance and informed engineering decision-making. In addition, the paperless system significantly reduces paper consumption, supporting Air India’s sustainability objectives. Commenting on the development, Jeremy Yew Jin Kit, Senior Vice President – Engineering & Maintenance, Air India, said: “The implementation of Electronic Technical Logbooks across our widebody Boeing fleet reaffirms the collaborative work involving engineering, flight operations, digital technology teams, OEM partners and the regulator. Replacing paper-based processes with real-time digital information, we are improving operational efficiency, strengthening maintenance governance, enhancing regulatory compliance and enabling faster decision-making across our engineering and operations teams.” The achievement reflects Air India’s continued investment in digital technologies to modernise engineering and maintenance operations while maintaining the highest standards of safety and regulatory compliance. It is a key step in the airline’s broader vision of building a world-class, data-driven aviation business that excels in operational performance and customer service.

Kuala Lumpur,8th July 2026: The Association of Asia Pacific Airlines (AAPA) hosted the Asia Pacific Turboprop and Regional Jet Safety Exchange on June 30th, bringing together around 15 regional operators, aircraft manufacturers, and industry partners to share operational safety experiences, emerging trends and best practices. The virtual forum provided a dedicated platform for operators of turboprop and regional jet aircraft to discuss the unique operational challenges associated with regional aviation across the Asia Pacific. Participants exchanged information on safety performance, operational trends, training, human performance and future priorities aimed at further strengthening aviation safety. The meeting was attended by operators from across the region together with aircraft manufacturers ATR, Embraer and De Havilland Aircraft of Canada. ATR and Embraer shared valuable manufacturer perspectives on operational safety and training. Speaking at the event, the Chairman, Captain Somchai Sopanon from Bangkok Airways commented that regional and turboprop operations are essential to the connectivity and economic development of many communities across the Asia Pacific. While these operations often present unique operational challenges, they also provide significant opportunities for collaboration. Today’s Safety Exchange demonstrates the willingness of operators, manufacturers and industry partners to openly share experiences and work collectively to further strengthen aviation safety across the region. A key feature of the meeting was the confidential exchange of aggregated operational safety information submitted by participating operators. The anonymised information exchange enabled participants to identify common operational themes, discuss lessons learned and consider opportunities for collaborative safety improvements without identifying individual airlines. Participants also received updates on two significant regional initiatives led by AAPA. The first highlighted the ongoing development of the Asia Pacific Flight Path Management Manual, led by the Flight Safety Foundation with support from AAPA and regional operators. Participants were encouraged to contribute feedback through the regional survey to help ensure the Manual reflects the operational realities of the Asia Pacific. Participants also received an update on the recently completed Asia Pacific Crew Resource Management (CRM) Manual, a collaborative initiative involving regulators, airlines, an aircraft manufacturer, training organisations and academia. Recently presented to ICAO’s Asia/Pacific Regional Aviation Safety Team (APRAST), the Manual provides practical guidance and aims to further strengthen aviation safety across the Asia Pacific, especially in the area of human factors. The Safety Exchange reaffirmed AAPA’s commitment to providing practical forums that encourage collaboration, facilitate the sharing of operational experience and support continuous improvement in aviation safety throughout the Asia Pacific region.

Istanbul, 2nd July 2026: Turkish Airlines continues the restoration of its Middle East network following a temporary suspension of services, resuming flights to Abu Dhabi starting July 1, 2026, Dammam starting July 10, 2026 and Kuwait starting July 11, 2026 and Bahrain starting July 16, 2026. These resumptions follow the restart of Dubai operations on June 9. Flag carrier has also increased its Dubai flight frequency from 7 to 14 weekly flights; effective June 25, 2026, Amman flight frequency from 14 to 21 weekly flights effective June 19, 2026 and Beirut flight frequency from 21 to 28 weekly flights effective July 1, 2026. With services resuming, Turkish Airlines continues to connect travelers across the Middle East with its global network through its hub in Istanbul. As the airline flying to six continents, Turkish Airlines offers access to more than 350 destinations across Europe, Asia, Africa, Australia, and the Americas.  

Jeddah,2nd July 2026: flyadeal’s summer 2026 seasonal network has taken off, with flights to five popular holiday destinations including new services to Milan and Prague now operating. This marks the first time the the Saudia Group’s fast-growing low fare carrier has served Italy through Milan, one of the world’s fashion capitals, and the Czech Republic through Prague, widely regarded as one of Europe’s most culturally rich cities. The summer programme also sees the return of three popular seasonal destinations: Trabzon on Turkey’s Black Sea coast; Sarajevo, the capital of Bosnia and Herzegovina; and the Egyptian resort city of Sharm El Sheikh. Running until 26 September 2026, flyadeal’s summer network features 12 seasonal routes connecting five destinations with four Saudi cities – Riyadh, Jeddah, Dammam and Qassim. The programme will see almost 900 flights operated during the peak travel period, providing customers with a wide range of leisure travel options throughout the summer. Lloyd Misquitta, flyadeal Acting Chief Commercial Officer, flyadeal  said,“We are delighted to officially launch our summer 2026 programme and welcome customers onboard our new services to Milan and Prague, alongside the return of some of our most popular seasonal destinations. The response to our summer network has been extremely encouraging, reflecting strong demand for destinations that offer a blend of culture, relaxation, and memorable travel experiences. Whether traveling with family or friends during the holiday season, our expanded summer schedule provides customers with even greater choice and convenience.” Jiri Pos, Chairman of the Board, Prague Airport said, “We are pleased to welcome flyadeal as a new airline that will operate flights to our airport. The number of higher-spending travelers from Saudi Arabia to Prague has been steadily increasing and we expect that a total of 20,000 passengers will use new routes in both directions over the upcoming summer season.” The launch of the summer network further strengthens flyadeal’s growing international presence and supports increasing demand for leisure travel from Saudi Arabia. With a mix of new and returning destinations, the programme offers customers a wider range of choices during one of the busiest travel periods of the year.

New Delhi, 2nd July 2026: The Ministry of Civil Aviation has approved the country’s first Private Point-in-Space (PinS) Instrument Approach Procedure for helicopter operations at Undavalli Heliport. This is seen as the significant milestone in India’s aviation sector. Developed by the Airports Authority of India (AAI) and approved by the Directorate General of Civil Aviation (DGCA), the PinS procedure has been designed in accordance with DGCA regulations and the International Civil Aviation Organization (ICAO) Standards and Recommended Practices. PinS (Point-in-Space) procedures use advanced satellite-based navigation technology to enable helicopters to conduct safe and precise instrument approaches to heliports that do not have conventional instrument landing infrastructure. This is particularly beneficial during adverse weather conditions and in areas where ground-based navigation aids are not available. The Minister for Civil Aviation Ram Mohan Naidu said, “The introduction of India’s first PinS Instrument Approach Procedure marks the beginning of a new era in helicopter operations by significantly enhancing flight safety, operational efficiency and all-weather accessibility. I sincerely appreciate the coordinated efforts of all concerned agencies including the Airports Authority of India, DGCA and the state government of Andhra Pradesh in achieving this historic milestone. Our foremost priority is the adoption of modern technologies to make helicopter operations more reliable and more accessible across the country. We also recently concluded the first phase of this year’s Char Dham helicopter operations successfully without any incident supported by upgraded technological infrastructure. Our commitment is to build a technology-driven and globally benchmarked helicopter ecosystem in India.” Highlighting the broader significance of the initiative, the Minister further stated, “Under the technology-driven leadership of Hon’ble Prime Minister Shri Narendra Modi Ji, India’s aviation sector is witnessing rapid technological advancement. Just last week, we successfully demonstrated the country’s first indigenous GAGAN-based precision approach by a commercial aircraft. The introduction of the country’s first PinS Instrument Approach Procedure is another major milestone in this journey. It reinforces the Government’s vision of modernising aviation infrastructure through Performance-Based Navigation (PBN), expanding the use of indigenous satellite-based navigation technologies and aligning India’s aviation ecosystem with global best practices.” The approval is expected to pave the way for the development of similar PinS procedures across the country, benefiting emergency medical services, disaster relief operations, tourism, offshore activities, pilgrimage services, corporate aviation, and regional connectivity. It will enable safer Instrument Flight Rules (IFR) operations to remote and strategically important locations, improve operational reliability, and reduce weather-related disruptions.