Aerospace & Defense · Week of Nov 2, 2026
Q3 results and Boeing 737 orders: the week in aerospace & defense
Q3 results from Allegiant, Bristow and Eve led a week that also brought Boeing orders from Avolon and Allegiant and new defense research coverage.
Third quarter earnings dominated the week. Allegiant Travel Company reported its first full quarter including Sun Country Airlines, with revenue up 71.1 percent to $961.6 million and a narrower net loss. Bristow Group reported net income of $27.7 million and affirmed the midpoint of its 2026 Adjusted EBITDA guidance. Pre-operational eVTOL developer Eve Holding widened its net loss to $58.1 million on higher R&D spending and said 2026 cash consumption should come in at the low end of guidance.
Boeing's 737 MAX was the common thread in aircraft orders. Avolon finalized 140 737-10 jets in what the companies call a record 737 MAX order by a lessor. Allegiant separately exercised six 737-8 options, bringing its firm Boeing orders to 56. Elsewhere, Oppenheimer launched defense research coverage, SkyFi brought BlackSky satellite imagery to Robinhood Agents customers, and Flyte Aviation moved to sell its legacy cardiology assets.
Allegiant Travel Company
ALLEGIANT TRAVEL COMPANY THIRD QUARTER 2026 FINANCIAL RESULTS
Allegiant Travel Company reported a third quarter 2026 net loss of $15.2 million, or $(0.56) per share, on operating revenue of $961.6 million, up 71.1 percent, with Sun Country included from its May 13, 2026 acquisition closing. The company guided to fourth quarter adjusted EPS of $1.00 to $1.50, kept full-year guidance of greater than $6.00, and says it exercised six Boeing 737-8 options in October, bringing firm orders under the Boeing agreement to 56.
Bristow Group
Bristow Group Reports Third Quarter 2026 Results
Bristow Group reported Q3 2026 net income of $27.7 million, or $0.93 per diluted share, on revenues of $437.9 million, and Adjusted EBITDA of $89.6 million, up from $79.8 million in Q2. The company affirmed the midpoint of its $300 - $320 million 2026 Adjusted EBITDA guidance, repurchased 547,785 shares for $25.0 million and declared a $0.125 dividend payable November 27, 2026.
Eve Holding, Inc.
Eve Holding, Inc. Reports Third Quarter 2026 Results
Eve Holding reported a 3Q26 net loss of $58.1 million, compared with $46.9 million a year earlier, which it attributes mainly to higher R&D expenses and lower net financial results. The pre-operational eVTOL developer says total liquidity reached $470.4 million and full-year 2026 cash consumption is expected at the low end of its $225/275 million guidance.
SkyFi
SkyFi's 'Satellite Intelligence' Now Available as a Robinhood Agent App
SkyFi says its 'Satellite Intelligence' app is now available to Robinhood Agents customers for $10 per month, offering BlackSky imagery of 24 monitored sites tied to 10 publicly traded companies, with access through the Model Context Protocol. SkyFi's CEO says such observations were previously largely accessible only to institutions with large data budgets.
Flyte Aviation, Inc.
Flyte Aviation Executes Letter of Intent to Sell Cardiology Assets
Flyte Aviation, formerly Catheter Precision, Inc., signed a non-binding Letter of Intent to sell its legacy VIVO, LockeT and associated life sciences assets for cash at closing, with potential contingent consideration over six years. The parties target closing by year-end 2026, subject to due diligence, a definitive agreement and approvals, and the company says there is no assurance the contingent consideration will be paid.
Operation Healing Forces
Operation Healing Forces Celebrates 15 Years of Impact with $15,000 Matching Gift Campaign Supported by Raymond James
Operation Healing Forces announced a $15,000 matching gift campaign with Raymond James running through November 2026 to mark its 15th anniversary and Veterans Day. OHF says the campaign could raise $30,000 or more for Special Operations Forces service members, veterans and their families.
Boeing
Avolon Finalizes Order for 140 Boeing 737-10 Jets
Boeing and Avolon say Avolon finalized an order for 140 737-10 airplanes, a record 737 MAX order by a lessor that raises Avolon's 737 MAX backlog to more than 240 aircraft. According to the release, lessors have placed firm orders for more than 230 737-10s in 2026, five times the variant's lessor backlog at the end of 2025.
Oppenheimer & Co. Inc.
Oppenheimer Launches Defense Coverage with Veteran Analyst Patrick McCarthy
Oppenheimer & Co. Inc. hired Patrick McCarthy, previously a Managing Director at BTIG, as Managing Director to launch defense research coverage focused on defense technology, space, autonomous systems and robotics. The firm says the hire follows the addition earlier this year of William (Bill) Farmer as Head of Aerospace & Defense Technology Investment Banking.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not StarFort Tech reporting.