Magellan Aerospace Q2 Net Income Rises to $19.8 Million

Magellan Aerospace reported a Q2 2026 net income of $19.8 million as its Middletown subsidiary filed for Chapter 11 bankruptcy.

Aug 13, 2026•6 min

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Magellan AerospaceMROCanadian AerospaceDefenseRestructuring

Manufacturing

airBaltic to Cut Active A220-300 Fleet by One-Third

airBaltic will cut its active A220-300 fleet to 36 aircraft by 2026 and seek €225 million in interim financing to focus on its Riga hub restructure.

Aug 12, 2026•6 min

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airBalticAirbus A220RestructuringBaltic-Aviation

Airlines