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Air traffic in the Middle East comes to a standstill
Following the coordinated Israeli-U.S. air strikes on Iran on February 28th, international airlines reacted within minutes by scrapping air services to the region or cancelling overflights on routes between Europe and the Far East. Thousands of passengers stranded and masses of air freight remained at departure airports. Iran, Iraq, Israel, Syria, Kuwait and the United Arab Emirates all announced at least partial closures of their skies in the hours after smoke began rising over Tehran and Iran began retaliatory attacks in the region. In counterattacks, Iranian missiles hit capital cities around the wealthy Gulf region. The hostilities between the U.S. and Israel on one side and Iran on the other are likely to have caused the most serious crisis for international civil aviation since the end of the coronavirus pandemic.
Strong GAMA New Aircraft Deliveries Power the Global Preowned Market
The International Aircraft Dealers Association (IADA) welcomed continued strength in new aircraft deliveries, as reflected in the General Aviation Manufacturers Association’s (GAMA) State of the Industry Press Conference. Delivery volume and increased values point to sustained momentum and long-term confidence across the business aviation sector. Business jet deliveries rose again in 2025, supported by improving supply-chain performance, strong OEM backlogs, and steady global demand, particularly in the midsize and large-cabin segments. Industry forecasts indicate this upward trajectory is expected to continue through 2026 and into the next decade.
Rising new aircraft deliveries play a critical role in supporting activity in the global preowned business aircraft market. Most new aircraft buyers also sell or trade existing aircraft, reinforcing healthy turnover, disciplined pricing, and liquidity across the resale marketplace, where IADA-Accredited Dealers represent the top tier of professional aircraft sales expertise worldwide.
Adani and Embraer propose E175 Final Assembly Line in India
Adani Defence & Aerospace, a leading player in India’s aerospace and defence, and the flagship company of Adani Enterprises Ltd and Embraer have exchanged an enhanced Memorandum of Understanding regarding the establishment of a Final
Assembly Line (FAL) for the E175 regional jet for India’s Regional Transport Aircraft (RTA) program. The MoU also represents strengthening of strategic relations between India and Brazil. The industrial partnership will aim to establish an ecosystem for the E175. Both companies are already working together to progress all aspects of the MoU, including opportunities in aircraft manufacturing, supply chain, aftermarket services, and pilot training, and securing orders to support the proposed FAL.
People: Sebastien Borel new chief executive officer of Loft Dynamics
Loft Dynamics, the pioneer behind the world’s first EASA- and FAA-qualified virtual reality (VR) flight simulators, announced that Sebastien Borel has been appointed chief executive officer. Founder Fabi Riesen will serve as chief technology officer and remain a member of the company’s board. The appointments are effective immediately.
Sebastien Borel brings more than two decades of experience across commercial aviation, aerospace technology and global partnerships. Previously, he was chief commercial officer at Lilium. Prior to that, he held senior leadership roles at Airbus and Honeywell, including serving as chief commercial officer of Airbus subsidiary Navblue, where he led global commercial strategy for digital flight operations and training solutions used worldwide. Earlier in his career, he began at Jeppesen, a Boeing company, gaining deep exposure to flight operations, navigation and aviation data systems. He is also a licensed commercial pilot.
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