Boeing shares are trading lower on Wednesday after the company reported a dip in September aircraft deliveries due to a strike by the International Association of Machinists (IAM). Analysts anticipate further delivery declines in October, with investors focusing on the company’s ability to ramp up production in 2025 and resolve the ongoing labor dispute.
SKY Leasing, a leading aviation investment manager, has successfully closed a $569.6 million secured notes offering, aiming to acquire a portfolio of 22 Airbus and Boeing aircraft valued at approximately $825 million. The transaction highlights SKY’s strategic approach to providing efficient capital solutions for airline customers and attractive investment opportunities for partners.
Dubai Aerospace Enterprise (DAE) has announced a $1.1 billion investment in 23 new aircraft, signaling a strong expansion strategy and highlighting the thriving aviation sector in the United Arab Emirates. This acquisition follows a similar move by Emirates, reflecting a trend of major industry players strengthening their global presence and adapting to rising travel demand.
EL AL, Israel’s flagship airline, has announced a major fleet expansion with the purchase of 31 new Boeing aircraft, including both 787 Dreamliners and 737 MAX planes. This strategic investment aims to enhance travel experiences, increase capacity, and position EL AL for future growth. The new aircraft are expected to bring improved fuel efficiency, passenger comfort, and technological advancements.
Skyryse, the developer of the universal flight operating system SkyOS, has announced a new facility at Hawthorne Airport in California. This expansion, following the opening of another facility in El Segundo, strengthens Skyryse’s presence in Southern California and marks a key step in the certification process for its flagship aircraft, Skyryse One. The new Hawthorne site will function as a Part 145 Installation and Repair Center, supporting the development, installation, and maintenance of Skyryse’s advanced systems.
Tata Advanced Systems Limited (TASL) is set to unveil its first indigenously produced Grob G 180 aircraft, a significant milestone for India’s defence sector. This advanced twin-engine aircraft is designed for electronic intelligence (ELINT) missions and will bolster India’s air power capabilities, potentially shifting the regional power balance.
China’s homegrown large passenger aircraft, the C919, has launched a new route linking Beijing with Xi’an, marking its fifth regular route. This expansion signifies China’s growing capabilities in the aviation industry and its ambition to reduce reliance on foreign manufacturers. The C919, designed to compete with established models like the Boeing 737 and Airbus A320, boasts advanced features and is poised to play a significant role in modernizing China’s aviation infrastructure.
A Skywest Bombardier CRJ-900 operating as a Delta Connection flight experienced a tire blowout during takeoff at Grand Rapids Gerald R. Ford International Airport (GRR). Despite the incident, the aircraft continued its flight and landed safely at Minneapolis–Saint Paul International Airport (MSP). The aircraft was back in service just 21 hours later, highlighting the resilience of modern aircraft design and the effectiveness of maintenance protocols in the aviation industry.
Taiwan’s defense ministry reported a record 66 Chinese military aircraft detected around the island in a 24-hour period, surpassing the previous high set in May. This escalation follows recent political developments, including Washington’s support for Taiwan and Beijing’s military exercises in the region.
Eve Air Mobility has secured $94 million in fresh equity financing, led by global industrial leaders like Embraer and Nidec. This funding will fuel the company’s ongoing efforts in developing and producing its eVTOL aircraft, positioning Eve for significant growth in the future.
