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Latest news

New Zealand offers US$3.2mm in regional airline grants

The New Zealand government has earmarked NZD5.7 million New Zealand dollars (USD3.2 million) from the regional infrastructure fund (RIF) for working capital grants to regional airlines, according to a government statement dated October 5, 2026.

Individual grants will range from NZD300,000 (USD168,000) to...

The New Zealand government has earmarked NZD5.7 million New Zealand dollars (USD3.2 million) from the regional infrastructure fund (RIF) for working capital grants to regional airlines, according to a government statement dated October 5, 2026.

Individual grants will range from NZD300,000 (USD168,000) to NZD1.2 million (USD672,000), with allocations based on each airline's annual passenger volumes and flight movements. However, the statement did not identify the recipients or individual allocations.

"These grants for day-to-day costs such as fuel and wages are being provided with an expectation the airlines will maintain their current service levels," associate transport minister, James Meager, said, adding that the support would provide financial relief over the next 12 months.

On the other hand, regional development minister, Shane Jones, said jet fuel and aviation gasoline prices had risen by more than 50% since March. He described the support as temporary and said it would help preserve essential regional routes that might otherwise be vulnerable.

The grants will come from the remainder of the RIF-funded regional air connectivity package established in 2025. The government has so far used the programme to provide concessionary loans for aircraft acquisition or leasing, maintenance, and debt refinancing.

ch-aviation previously reported that Air Chathams, Sounds Air, Island Aviation (New Zealand), and Golden Bay Air had received loans by April 2026. South East Air, which owns the aircraft operated by Stewart Island Flights, and Sunair Aviation subsequently secured funding, bringing the total value of the six announced loans to NZD25.8 million (USD14.5 million).

US caps aircraft parts exports to COMAC - report

The US Department of Commerce has begun limiting the number of aircraft parts it licenses for shipment to COMAC to prevent the Chinese state-owned OEM from stockpiling components, Reuters reported, citing people familiar with the matter.

The department has additionally slowed export licensing for aircraft...

The US Department of Commerce has begun limiting the number of aircraft parts it licenses for shipment to COMAC to prevent the Chinese state-owned OEM from stockpiling components, Reuters reported, citing people familiar with the matter.

The department has additionally slowed export licensing for aircraft parts bound for China more broadly in recent weeks, as Washington seeks to use China's dependence on US aviation suppliers as leverage in trade negotiations.

Officials are also considering an export regulation that would make it easier to restrict shipments of landing gear and other aircraft parts to China. A draft version included a licensing requirement for US-made aviation hydraulic fluid, one of the sources said.

China has separately sought several years' worth of spare parts for the 200 Boeing aircraft it agreed to buy earlier in 2026, but the US has been reluctant to provide guarantees, the sources said.

It is unclear whether the current limits extend to the CFM International LEAP-1C engines that power the C919 or the General Electric CF34-10A engines on the C909. The US suspended export licences for both engines and other COMAC-bound equipment in late May 2025, lifting the suspension in early July 2025 after the two countries reached a rare-earth minerals agreement in London.

COMAC delivered fifteen C919s in 2025, well short of its initial target of 75, ch-aviation previously reported. Production was hampered by workforce shortages and delays from foreign suppliers, and the manufacturer has since sought to reduce its reliance on Western systems.

ch-aviation data shows COMAC delivered eleven C919s in the first nine months of 2026: three C919-100ERs to Air China, three C919-100STDs to China Eastern Airlines, and five C919-100STDs to China Southern Airlines. COMAC delivered six C909s over the same period, including one C909(CBJ) to Deer Jet Shanghai.

US's Catheter Precision changes legal name to Flyte Aviation

Former medical device company Catheter Precision, which fully acquired business aviation platform Flyte (United States of America) in March 2026, changed the corporate name to Flyte Aviation on October 5, as it pivots towards a full aviation business. Publicly listed on the New York Stock Exchange, the company further changed the...

Former medical device company Catheter Precision, which fully acquired business aviation platform Flyte (United States of America) in March 2026, changed the corporate name to Flyte Aviation on October 5, as it pivots towards a full aviation business. Publicly listed on the New York Stock Exchange, the company further changed the ticker symbol to VJET, replacing VTAK. At the same time, Flyte effected a one-for-ten reverse stock split, reducing the number of outstanding shares to approximately 2.1 million, compared to about 21 million previously.

“The rebranding reflects a fundamental repositioning around aviation, technology, and the Flyte brand,” the company said. Flyte, which operates a fleet of four Vision Jet G2s and a Vision Jet G2+, secured Bahamas and Caribbean charter approvals in September. “In the months ahead, we will be further upgrading and advancing our network to capture market share and widen our competitive moat,” said Flyte founder Marc Sellouk.

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