News in Numbers

United Airlines and Houston Airport System have invested over $2.5bn in the airline’s Terminal B Transformation Program to construct 40 new gates at the city’s main airport.

South Australia’s Adelaide International Airport has announced a $1bn investment plan that is set to expand major aviation projects and manage upgrades over the next five years.

Scandinavian Airlines has confirmed the winning consortium involved in its $1.2bn restructuring process.

L3Harris Technologies has agreed an $800m deal to sell its Commercial Aviation Solutions business to an affiliate of private equity firm TJC LP.

Aircraft developer ZeroAvia has announced the completion of its series C investment round, which it said raised $116m from a variety of investors.