Asiana Cargo, the cargo division of South Korea’s Asiana Airlines, is in the final stages of its acquisition by Air Incheon, marking a pivotal moment in the consolidation of the country’s air freight market. Following regulatory approvals by the Ministry of Land, Infrastructure and Transport (MLIT), the unified cargo airline is expected to officially launch in July 2025.
France-based global logistics leader CMA CGM has officially submitted a bid to acquire the cargo operations of Air Belgium. A court ruling on the proposed acquisition is expected by 27 March 2025.
Triumph Group, a leading aerospace and defense systems and components company, has announced a definitive agreement to be acquired by affiliates of Warburg Pincus and Berkshire Partners. The transaction is valued at approximately $3 billion and will result in Triumph becoming a privately held company.
AirAsia X (Malaysia) has announced a mutual agreement with Capital A (Malaysia) to extend the deadline for completing its proposed acquisition of Capital A’s aviation business, which includes AirAsia Aviation Group and AirAsia. The revised timeline now extends from 25 January to 24 March 2025.
Werner Aero (US) has officially become a wholly owned subsidiary of Sumitomo Corporation of Americas (US), following its full acquisition by Sumitomo Corporation (Japan) and its US division on 27 December 2024. This strategic acquisition marks an important step in strengthening Sumitomo’s global presence in the aviation sector.
Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company based in the UAE, has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital (NAC), an Ireland-based lessor specializing in regional aircraft. This acquisition marks a significant expansion of DAE’s portfolio and strengthens its position in the global aviation leasing market.
MASwings, a Malaysian regional airline, is moving closer to a potential acquisition by the Sarawak state government. Premier Abang Johari Openg announced that a thorough asset valuation must first be conducted before the state can fully proceed with the acquisition. A third-party audit has been commissioned to determine the airline’s appropriate value, with the goal of completing the acquisition…
Aerolinee Siciliane, a new carrier based in Italy, has announced the acquisition of a 49% stake in Southern Aerotech, an Italian maintenance company. The strategic investment comes as the airline prepares for its first scheduled flight in May 2025.
Air Belgium is set to further expand its cargo operations with the addition of two Boeing 747-400 freighters (B747-400Fs). This move comes following a recent acquisition, underscoring the airline’s commitment to strengthening its cargo capacity and enhancing its operational reach.
MTU Aero Engines, a leading German aircraft engine manufacturer, has announced the acquisition of 3D.aero, a German company specializing in automation and measurement technology. This strategic move enhances MTU’s capabilities in advanced manufacturing processes and precision measurement, strengthening its position as a technology leader in the aerospace industry.
