Transportation, Mobility & Logistics

AerCap Q3 Net Income Hits $949M, Raises 2026 EPS Guidance

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AerCap Q3 Net Income Hits $949M, Raises 2026 EPS Guidance

DUBLIN – October 31, 2026 -- AerCap Holdings N.V. (NYSE: AER) raised its full-year 2026 adjusted earnings per share guidance to approximately $20.70, before any fourth-quarter gains on sale, after reporting record third-quarter adjusted net income of $1,009 million, or $6.56 per share. GAAP net income was $949 million, or $6.17 per share.

AerCap posts 22% adjusted return on equity on $353 million in sales gains

GAAP return on equity reached 20% and adjusted return on equity hit a record 22%. Operating cash flow totaled $1.8 billion.

The lessor sold 70 owned assets for $1.1 billion, booking $353 million in gains. That compares with $332 million of gains on 32 assets sold for $1.5 billion a year earlier. The unlevered gain-on-sale margin was 45%, or 2.6x book value on an equity basis.

Southwest Airlines Prices $1.25B Senior Notes at 5.75%-6.00%

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Southwest Airlines Prices $1.25B Senior Notes at 5.75%-6.00%

DALLAS – October 31, 2026 -- Southwest Airlines Co. (NYSE: LUV) priced an underwritten public offering of $1.25 billion in senior notes, split into $600 million of 5.750% Notes due 2029 and $650 million of 6.000% Notes due 2031.

Two tranches carry coupons of 5.750% and 6.000%

The 2029 Notes total $600 million and the 2031 Notes $650 million. The offering is expected to close on or about November 2, 2026, subject to customary closing conditions.

Proceeds target a $300 million maturity due November 15, 2026

Southwest expects to use the net proceeds for general corporate purposes. These may include repaying at maturity all of its outstanding $300 million of 3.000% notes due November 15, 2026, as well as repaying or redeeming other indebtedness or corporate obligations.

Southwest Q3 Revenue Hits Record $8.4B, Margin Widens Despite Fuel

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Southwest Q3 Revenue Hits Record $8.4B, Margin Widens Despite Fuel

DALLAS – October 31, 2026 -- Southwest Airlines (NYSE: LUV) posted record third-quarter operating revenue of $8.4 billion, up 21.2% year-over-year, and widened its operating margin by 4.0 points to 4.5% even as fuel costs rose by $821 million.

Net income was $270 million, or $0.55 diluted EPS. Adjusted net income was $328 million, or $0.66 per share. The adjusted operating margin was 5.4%, up 4.8 points. Fuel cost $3.92 per gallon, against prior assumptions of $3.70 to $3.75, and cut $1.08 from adjusted EPS.

Unit revenue rises 21.6% on 0.4% less capacity

Unit revenue (RASM) set an all-time record and beat prior guidance, while capacity fell 0.4%. The airline also reported its highest passenger yield ever and record third-quarter passenger revenue. Managed business revenue reached a third-quarter record, and 20 of the 50 strongest managed business booking days in company history fell in the quarter.

GAC Wins 8 China-SAE Awards, Including 4 First Prizes

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GAC Wins 8 China-SAE Awards, Including 4 First Prizes

SUZHOU – October 31, 2026 -- GAC won eight awards, including four first prizes, at the 2026 China-SAE Science and Technology Award ceremony in Suzhou, Jiangsu, on October 28. Two of the first prizes went to GAC-led projects and two to projects in which GAC participated. A fifth GAC-led project took second prize.

GAC's chip project works with 105 partners on domestic silicon

The GAC-led chip project built a full-chain path from vehicle definition to scale application. It has applied nearly 400 chip models and more than 1,000 domestic chips with 105 partners. The HYPTEC GT Special Edition, described as China's first intelligent connected vehicle with 100% domestically designed chips, has been launched.

BAIC FOTON Hands Over 1,800 Trucks, Deepens Africa Localization

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BAIC FOTON Hands Over 1,800 Trucks, Deepens Africa Localization

PORT ELIZABETH – October 31, 2026 -- BAIC FOTON handed over 1,000 heavy trucks in Ghana and 800 in Zambia at its Africa Partners Conference, while signing new energy vehicle projects and six localized manufacturing agreements across East and Southern Africa.

The October 29 event at Nelson Mandela Bay Stadium drew nearly 700 participants, including distributors, key accounts, industrial partners and media from 42 African countries.

Export sales rose 43.6% to more than 168,500 units in nine months

From January to September 2026, BAIC FOTON's export sales exceeded 168,500 units, up 43.6% year on year. The company says it has ranked first in China's commercial vehicle sales for 21 consecutive years and first in exports for 15 consecutive years, covering more than 140 countries and regions. In Africa it operates in 54 markets with more than 300 authorized service outlets.

XPENG Posts Record 50,237 October Deliveries, Overseas Up 166%

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XPENG Posts Record 50,237 October Deliveries, Overseas Up 166%

GUANGZHOU – November 01, 2026 -- XPENG delivered a record 50,237 vehicles in October 2026, up 22% from September and 20% from a year earlier, the NYSE- and HKEX-listed carmaker reported.

Overseas deliveries jump 166% to an all-time monthly high of 13,326 units

Overseas shipments reached 13,326 units, up 166% year-over-year. That is roughly 27% of October's total deliveries, based on the reported figures.

XPENG wins Level 4 Robotaxi demonstration license in Guangzhou on October 26

The permit lets XPENG Robotaxi move from technology validation to real-world operational and business-model validation. The company calls it a key milestone toward commercializing its Physical AI technologies.

XPENG L05 launches in mainland China with deliveries starting November 1

The L05 was officially launched in the Chinese mainland in October. Deliveries begin on November 1, 2026, so the model contributes nothing to the October total.

Towards Buddha, ICP DAS Show iTLC-9000 Traffic Controllers at APTA 2026

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Towards Buddha, ICP DAS Show iTLC-9000 Traffic Controllers at APTA 2026

CHICAGO – October 31, 2026 -- Towards Buddha Co., Ltd., the overseas distributor of the iTLC Intelligent Traffic Control System, exhibited the iTLC-9000 Series alongside technology partner ICP DAS at APTA 2026 TRANSform & EXPO in Chicago, targeting international buyers for smart intersection hardware.

iTLC-9000 Series highlights four control capabilities at APTA 2026

Exhibited under the theme "Innovative Traffic Control System," the iTLC-9000 Series centered on four capabilities: modular and redundant design, secure networking, traffic signal integration, and active alert systems. The companies pitched the platform on system reliability, communication security, and traffic infrastructure management.

AerCap files Q3 2026 interim report with SEC, flags geopolitical risks

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AerCap files Q3 2026 interim report with SEC, flags geopolitical risks

DUBLIN – October 31, 2026 -- AerCap Holdings N.V. (NYSE: AER) has filed its interim financial report for the quarter ended September 30, 2026, with the U.S. Securities and Exchange Commission. The announcement itself contains no earnings, revenue or fleet figures.

Form 6-K carries unaudited condensed consolidated Q3 statements

The filing includes unaudited condensed consolidated financial statements and accompanying notes. It is available on the Investors section of AerCap's website and on the SEC's website. Investors must consult the Form 6-K for quarterly results.

AerCap serves approximately 300 customers worldwide and is headquartered in Dublin and Miami.

Bristow to Report Q3 2026 Results Nov. 3, Hosts Call Nov. 4

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Bristow to Report Q3 2026 Results Nov. 3, Hosts Call Nov. 4

HOUSTON – October 31, 2026 -- Bristow Group Inc. (NYSE: VTOL) will release its third quarter 2026 financial results after market close on Tuesday, November 3, 2026, followed by an investor conference call the next morning.

Bristow schedules Q3 call for Nov. 4 at 10:00 a.m. ET

The call is set for Wednesday, November 4, 2026, at 10:00 a.m. ET (9:00 a.m. CT). Early registration for investors is already open through the company's event portal.

Investor presentation goes live on the release date

The accompanying investor presentation will be posted to the investor section of Bristow's website on November 3, 2026, the same day as the results. Investors will have the slides ahead of the call.

Eve Air Mobility Partners With Florida DOT on eVTOL Testing at SunTrax Air

FARNBOROUGH – – October 31, 2026 -- Eve Air Mobility (NYSE: EVEX, EVEXW; B3: EVEB31) has entered a partnership with the Florida Department of Transportation (FDOT) to test Advanced Air Mobility (AAM) infrastructure and operations at SunTrax Air, the state's dedicated AAM research and development hub.

FDOT-led initiative targets infrastructure, procedures and airspace navigation

The effort combines Eve's expertise in eVTOL aircraft, operations and services with SunTrax Air's research, testing and validation capabilities. It will produce insights into the infrastructure, operational procedures and airspace navigation procedures needed to integrate AAM safely and efficiently into Florida's transportation network.

FDOT owns and operates SunTrax Air. The facility evaluates technologies, operational concepts and supporting infrastructure for next-generation aviation.