Airlines are canceling hundreds of flights to Riyadh after Houthi militants struck two Saudi Arabia airports in recent days, killing three people and injuring dozens.

Airbus SE discovered hydraulic system faults on an Air India Ltd. jet that dropped about 300 feet in mid-flight last week, according to a preliminary assessment by the planemaker.

Rolls-Royce Holdings Plc raised its full-year guidance for a second time as the UK’s largest manufacturer earned more from selling engines for widebody planes, military hardware and artificial intelligence.

Turkish Airlines is exploring more acquisition opportunities as it looks to expand its global reach.

Airbus SE is in talks to sell more of its A330neo widebody aircraft to Saudi low-cost carrier Flynas Co SJSC and German airline Condor Flugdienst GmbH.

Ethiopian Airlines Group is in the final stages of deciding on an aircraft order for as many as 50 jets, as Africa’s largest carrier looks to renew its fleet and expand its foothold on the continent.

The aviation industry has seen plenty of deals activity in recent years, but the battle between two US funds for EasyJet Plc stands out because the volatile, low-margin airlines business rarely draws financial suitors.

Airbus SE employees at a major manufacturing site in Spain have gone on strike in protest of what they say are deteriorating work conditions over the past years.

Airlines in the Persian Gulf are looking to snap up earlier delivery slots for Boeing Co. and Airbus SE aircraft that may be freed up as Air India Ltd. discusses potentially deferring some orders, according to people familiar with the matter.

EasyJet Plc signaled willingness to entertain a higher offer from Castlelake LP by granting the US investment firm more time and some access to its books in order to sweeten its latest bid, which values the UK discount carrier at about £4.93 billion ($6.5 billion)

The European Union Aviation Safety Agency is asking some operators of Airbus SE A380 jets to perform additional inspections on their aircraft’s wings after identifying possible cracks in the structure.

EasyJet Plc has rebuffed three separate offers from Castlelake LP, prompting the investment firm to take its proposal valuing the budget carrier at about £4.74 billion ($6.3 billion) directly to shareholders.

Airbus SE is unsure of reaching next year’s production target for its best-selling A320 jet because Pratt & Whitney may not be able to supply enough engines, the planemaker’s chief executive officer said.

EasyJet Plc called the overture by investment firm Castlelake LP “highly opportunistic” given its depressed stock price and cautioned that a takeover of the UK carrier would be fraught with risk.

China has been slow-walking approval of Airbus SE plane deliveries to signal impatience with how long European regulators are taking to certify Chinese-made aircraft, according to people familiar with the matter.

Qatar Airways QCSC will skip handing out bonuses to almost 60,000 workers this year after the US-Israel war on Iran forced the carrier to cancel tens of thousands of flights and lose out on billions in revenue.

Ethiopian Airlines Group is in early talks with Airbus SE to purchase regional and widebody aircraft as Africa’s largest carrier looks to expand its foothold on the continent and beyond.

When Saudi Arabia unveiled plans in 2023 for a new airline that could take on regional champions Emirates and Qatar Airways, the aviation industry was back in full swing after the pandemic, with packed planes driving fares higher and lifting profits to a record.

The United Arab Emirates has partially closed its airspace for the first time in several weeks after Iran launched missiles and drones toward the UAE, in the worst flareup since the ceasefire began less than a month ago.

For Dubai-based billionaire Gediminas Ziemelis the aviation industry is experiencing a sense of deja-vu amid the Middle East conflict: grounded planes, plummeting demand and no clear sense of when it might all be over.