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Russia Commits $8.5B To Boost Aircraft Manufacturing

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Russia’s government, under the direction of Prime Minister Mikhail Mishustin, has announced plans to invest a minimum of $8.5 billion over the next six years into its Aircraft and Helicopter Manufacturing initiative. This federal project is a strategic part of Russia’s broader industrial development plan, aimed at increasing domestic aerospace production capacity and reducing dependency on foreign suppliers.

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Batik Air Malaysia to Launch Direct Flights to Sandakan and Miri

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Batik Air Malaysia is set to expand its domestic network with the introduction of direct flights from Kuala Lumpur to Sandakan and Miri. The Sandakan route will commence on December 1, 2024, followed by the Miri route on January 14, 2025. Both services will be operated using the Boeing 737-800.

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Arena Aviation Acquires Ten E190s Leased To AeroMexico

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Arena Aviation Capital has successfully completed the acquisition of a portfolio of ten Embraer E190-100LR aircraft, all of which are leased to AeroMexico, in a landmark transaction for the company’s growing portfolio. The acquisition, finalized on June 17, 2025, marks Arena’s first foray into the regional aircraft space, executed on behalf of a US-based investor client.

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Southwest Airlines Receives B737-8 Serial 68892

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Southwest Airlines has received a new Boeing 737-8 aircraft, bearing manufacturer serial number 68892, as part of its ongoing fleet modernization efforts. The aircraft is equipped with LEAP-1B28 engines, manufactured by CFM International, offering significant performance improvements in fuel efficiency and emissions.

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Archer Aviation Secures $301.75 Million to Advance Hybrid Aircraft Development

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Archer Aviation, a U.S.-based aerospace company specializing in electric vertical takeoff and landing (eVTOL) aircraft, has announced the successful raise of $301.75 million in equity capital. This funding round saw participation from leading institutional investors, notably funds and accounts managed by BlackRock. The infusion of capital brings Archer’s total liquidity to approximately $1 billion, further…

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Royal Jordanian Reports $1 Billion Revenue With Reduced Losses

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Royal Jordanian has announced its financial results for 2024, revealing a total revenue of $1.0 billion. The airline also managed to reduce its post-tax losses by 59%, bringing the figure down to $4.9 million. This marks a significant improvement compared to previous years and highlights the company’s ongoing recovery efforts following the challenges faced during the pandemic years.