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Military/DefenseBy The Touch & Go EditorialPublished Jul 18, 6:15 PM2 min read

Australia's Top End hosts 19 nations and 100 aircraft for Exercise Pitch Black 26

From July 20 to August 7, 2026, Northern Territory airports and airspace host a major multinational air combat exercise with 2,500 personnel and advanced fighter operations.

The gist

Exercise Pitch Black 26 brings 19 nations and 100 aircraft to Australia’s Northern Territory for intensive multinational air combat training.

Australia's Northern Territory has become a major hub for international air combat training as Exercise Pitch Black 26 commenced in July 2026. Spanning three weeks, the event sees 19 partner nations converging at RAAF Bases Darwin and Tindal between July 20 and August 7. The exercise involves approximately 100 aircraft and 2,500 personnel, transforming these bases into centers of multinational air operations under the command of RAAF Air Commodore Matthew McCormack.

RAAF Base Darwin hosted the official launch on July 16, where Air Commodore McCormack gathered with detachment commanders from all participating countries to mark the opening of the exercise. The scale of participation underscores Australia’s role in fostering robust international military cooperation and high-end air combat preparedness.

The Northern Territory’s vast, largely unrestricted airspace makes it an ideal location for such an exercise. This region provides one of the largest military training areas globally, allowing modern fighter aircraft to operate at full capacity without the limitations imposed by more congested airspaces. Air Commodore McCormack highlighted the significance of such a large training area in enabling some of the world's most advanced fighters to conduct realistic and expansive operations.

Exercise Pitch Black focuses on large-force employment missions that integrate fighter jets, intelligence, surveillance and reconnaissance assets, air mobility platforms, and command-and-control systems. The scenarios are designed to replicate real-world combat environments, emphasizing warfighter skills including tactical decision-making and mission execution under contested conditions. This comprehensive approach sharpens both individual and collective combat effectiveness.

Beyond pilot training, the exercise fosters deep professional collaboration among aircrew, mission planners, engineers, and support staff from the numerous participating countries. This interaction builds essential cross-national familiarity and interoperability among allied forces, crucial for coalition operations in times of conflict.

Staged biennially, Exercise Pitch Black has evolved into a flagship event for the Royal Australian Air Force. It combines demanding air combat training with critical opportunities for allied air forces to align tactics, procedures, and communication protocols. This multinational cooperation extends operational trust far beyond the flightline, preparing partners for complex joint missions.

Logistic and support elements such as No. 23 Squadron at RAAF Base Amberley play a vital role in sustaining the exercise, managing international tanker operations and airfield safety to maintain efficient airspace utilization and flight operations. This comprehensive support infrastructure underpins the exercise's success and demonstrates the complexity of running a multinational air combat deployment.

For the participating forces, these rigorous training flights and coordinated exercises sharpen readiness and interoperability to a level essential for future joint operations. The extensive scale and complexity of Pitch Black 26 highlight the increasing importance of multinational collaboration amid rising global security challenges.

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Frequently asked questions

What is the scope of Exercise Pitch Black 26 in terms of participants and equipment?
Exercise Pitch Black 26 involves 19 partner nations, about 100 aircraft, and 2,500 personnel conducting air combat training in Australia’s Northern Territory.
Why is the Northern Territory chosen as the location for this exercise?
The Northern Territory offers one of the largest military training areas with vast, largely unrestricted airspace ideal for operating advanced fighter aircraft at full capability.
What are the key objectives of Exercise Pitch Black 26?
The exercise aims to conduct large-force employment missions simulating real combat, enhancing tactical skills, decision-making, and interoperability among multinational air forces.
Commercial aircraft taxiing at an airport with a sunset background reflecting market uncertainty
Military/DefenseJul 16, 6:18 PM

Strait of Hormuz Tensions Push Airline Stocks Down as Fuel Costs Rise

Global Aviation Round-Up from Aircraft Value Intelligence (AVN) File photo Editor's Note: To watch a video report that concisely examines the themes of this article, click here . Geopolitical flashpoints have a way of upending the market’s priorities. Investors may spend weeks focused on inflation, interest rates, or corporate earnings, only to have an overseas conflict suddenly dominate trading. On Wall Street, the phenomenon is known as "headline risk." The latest example is unfolding in the Middle East. Renewed friction between the United States and Iran is putting the Strait of Hormuz back in the spotlight, injecting fresh uncertainty into global financial markets. One sector particularly hard hit is aviation. Last week at the NATO summit in Ankara, Turkey, President Trump declared that the Iran cease fire was "over." Subsequently, on July 13, Trump announced that the U.S. would be "taking over" the Strait of Hormuz and reinstating its naval blockade on Iran. The result has been a jittery stock market. Major indexes have swung sharply as traders react to each new development out of the Middle East, and some of the market’s biggest losers have been airline stocks. The connection isn’t hard to understand. The Strait of Hormuz is one of the world’s most important oil transit routes, carrying roughly one-fifth of global petroleum supplies. Whenever shipping through the narrow waterway appears threatened, oil traders immediately begin pricing in the possibility of supply disruptions. Even if those disruptions never materialize, crude prices can spike simply because the risk has increased. That’s bad news for an industry that runs on fuel. For most airlines, jet fuel ranks just behind labor as the largest operating expense. Fuel costs can account for 20% to 30% of an airline’s budget, so even a modest jump in oil prices can quickly eat into profit margins. Unlike energy companies, airlines don’t enjoy a windfall when oil climbs. In fact, they’re often caught flat-footed. Seats may have been sold months in advance at fixed prices, leaving carriers little choice but to absorb higher fuel bills until they can gradually adjust fares. That’s why airline stocks often sell off almost automatically whenever oil starts climbing on geopolitical fears. There’s another problem that doesn’t get as much attention: flight operations themselves. Carriers serving Europe, Asia, and the Middle East sometimes have to reroute aircraft to avoid conflict zones or closed airspace. Those detours burn more fuel, lengthen flight times, complicate crew scheduling, and raise operating costs. On a busy international network, those expenses can add up quickly. Taken together, higher fuel bills and longer routes create an unwelcome squeeze on profitability. Investors know the pattern well. When geopolitical risk rises, money tends to flow out of economically sensitive industries and into sectors viewed as safer. Airlines, cruise operators, hotels, and other travel-related businesses often come under pressure, while energy producers and defensive sectors such as utilities or healthcare attract fresh buying. That shift isn’t always a reflection of company fundamentals. It’s often a response to uncertainty itself, and Wall Street hates uncertainty. Past Is Prologue History offers plenty of examples. During the Gulf War, after the September 11 terrorist attacks, and during previous confrontations involving Iran, airline shares generally lagged the broader market. Once oil prices retreated and tensions eased, many carriers recovered. But investors who held through the volatility had to endure some rough stretches along the way. This latest episode has followed a familiar script. Reports of military escalation have pushed crude prices higher and weighed on airline shares. Headlines hinting at diplomatic progress have sparked equally swift rebounds. Those reversals have become almost routine, producing the kind of volatile trading sessions that can leave investors wondering whether they’re watching markets or ping-pong. Indeed, the almost predictable reaction of financial markets to news out of the Middle East has sparked concerns about insider trading. None of that necessarily changes the industry’s long-term outlook. U.S. airlines are generally in stronger financial shape than they were before the pandemic, and demand for both leisure and business travel has remained surprisingly resilient. Travelers have continued booking vacations and business trips despite higher ticket prices, giving carriers some pricing power that didn’t exist a decade ago. Still, there’s a limit to how much cost inflation airlines can pass along. If crude oil remains elevated for an extended period, analysts will almost certainly begin trimming earnings forecasts. Carriers with extensive international operations or limited fuel-hedging programs could face the greatest pressure. Aircraft manufacturers are affected as well. Notably, Airbus recently lowered its forecast for global aircraft demand over the next 20 years, citing the economic effects of the Iran conflict, trade tensions, and a softer-than-expected post-pandemic recovery. The broader market faces a similar dilemma. Higher energy prices can reignite inflation just as central banks have been looking for room to ease monetary policy. If oil stays expensive, policymakers may find themselves reluctant to cut interest rates, even if economic growth begins to cool. Liquidity is the lifeblood of equity markets; investors turn bearish when the monetary spigot tightens. For now, every development involving Iran, U.S. military policy, or commercial shipping through the Strait of Hormuz is likely to keep traders on edge. For airlines and the OEMs that serve them with aircraft, the flight path will probably remain bumpy for a while. John Persinos is the editor-in-chief of Aircraft Value Intelligence . Previously, John covered global financial markets as the editorial director of Investing Daily .

AirVenture Oshkosh 2026: The World’s Greatest Aviation Gathering Is Almost Here
Military/DefenseJul 17, 9:49 AM

EAA AirVenture Oshkosh 2026 Set to Host Over 10,000 Aircraft in Historic Aviation Gathering

Every July, the aviation world descends on a small city in Wisconsin for what has become the largest and most famous fly-in and air show on the planet. EAA AirVenture Oshkosh is a week-long celebration of everything that flies. From homebuilt aircraft and vintage warbirds to the latest military jets, airliners, helicopters and experimental designs. Nowhere else offers such an incredible variety of aviation in one place. Running from 20-26 July 2026 at Wittman Regional Airport, Oshkosh attracts more than 600,000 visitors and around 10,000 aircraft , transforming the airport into what is routinely the busiest in the world for aircraft movements during the event.   Why Every Aviation Enthusiast Should Visit Oshkosh JJN1991, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons Ask anyone who has attended AirVenture and they’ll probably tell you the same thing: there is simply nothing else like it. Whether you’re interested in classic airliners, military aviation, general aviation, homebuilt aircraft or the very latest aerospace technology, Oshkosh has something to offer. Throughout the week visitors can enjoy: Spectacular daily flying displays Hundreds of military and civilian aircraft on static display Rare vintage and warbird aircraft The latest aircraft from Boeing, Airbus, Textron, Cirrus, Daher and many more manufacturers Product launches and world debuts Forums, workshops and presentations by aviation experts One of the world’s biggest aviation trade exhibitions Evening air shows and entertainment For aircraft spotters, the arrival weekend before the show officially opens is almost an event in itself. Thousands of aircraft converge on Oshkosh using the famous FAA arrival procedures, creating one of aviation’s most extraordinary spectacles as everything from Piper Cubs to corporate jets carefully follows the published NOTAM into Wittman Field.   Smoke From Canadian Wildfires Causes Concern This year’s event is beginning under rather unusual circumstances. Large wildfires burning across Canada have sent thick smoke south across the Upper Midwest, leading to reduced visibility and poor air quality across Wisconsin just as thousands of pilots prepare to fly into Oshkosh. The National Weather Service has warned that smoke could significantly reduce visibility, while air quality advisories have been issued across much of the state. At times this week, visibility at Oshkosh dropped to around one mile before conditions improved. For pilots flying into one of the world’s busiest temporary airspaces, visibility is every bit as important as cloud cover. Air traffic controllers have urged crews to remain conservative in their decision making and not attempt the famous VFR arrival if conditions are unsuitable. Thankfully, forecasts suggest conditions should continue to evolve over the coming days, and organisers remain confident AirVenture will proceed as planned, although pilots and visitors are being encouraged to monitor the latest weather information closely.   AirportSpotting Is Heading To Oshkosh EAA AirVenture Oshkosh We’re delighted to be attending AirVenture this year. Throughout the week we’ll be bringing you regular updates, photographs and videos from the show across our social media channels, so if you can’t make it to Wisconsin you’ll still be able to follow the action as it happens. Follow us on Facebook Follow us on YouTube We’ll also be publishing a full review of AirVenture here on AirportSpotting.com after the event, covering the biggest announcements, highlights, aircraft and surprises from the week. For Airport Spotting Premium members, we’re preparing something even more special. Our forthcoming USA 250th Anniversary Special magazine will feature an extensive review of AirVenture 2026 alongside exclusive features celebrating American aviation, making it an essential read for anyone who loves aircraft and aviation history. Sign up to Premium Here Whether you’re making the pilgrimage to Oshkosh yourself or following from home, the next week promises to be one of the highlights of the aviation calendar.

US Army Apache helicopter in flight over desert terrain at sunset
Military/DefenseJul 18, 8:00 AM

US Army Warrant Officer Pilots Differ in Pay and Roles from Commissioned Officers

In the armed forces of the United States of America, there are many different jobs and ranks assigned to aviation missions. In fact, all four service branches have their own pilot corps, including the Army and the Coast Guard. While the US Air Force, Navy, and Marines are better known for their fixed-wing tactical aviation, including many fighter jets, the Army has an enormous number of helicopters.

Vertical Aerospace Set for Historic eVTOL Debut at Farnborough International Airshow 2026
Military/DefenseJul 18, 12:00 PM

Vertical Aerospace to Perform First Public eVTOL Flights at Farnborough Airshow 2026

Vertical Aerospace (NYSE: EVTL), a pioneering company in UK electric aviation, is set to make history at the Farnborough International Airshow (20-24 July 2026). ezstandalone.cmd.push(function () { ezstandalone.showAds(119); }); The firm plans to conduct the first-ever public electric vertical take-off and landing (eVTOL) demonstration flights at the prestigious event. This milestone highlights Vertical’s rapid progress toward certification and eventual commercial operations. The demonstrations arrive at a pivotal moment for the company. In the past year, Vertical has achieved several major advancements. ezstandalone.cmd.push(function () { ezstandalone.showAds(127); }); It launched its commercial aircraft, named Valo, completed successful piloted transition flights, strengthened its financial position, and expanded its global network of technology partners. The company has also advanced its hybrid-electric defence initiatives while making steady headway in its certification programme. ezstandalone.cmd.push(function () { ezstandalone.showAds(128); }); Having proven the aircraft’s core capabilities, Vertical now shifts focus to the next critical stages: certification, industrialisation, and commercialisation. These efforts position the company to deliver sustainable, efficient air mobility solutions in the near future. Photo Credit: Vertical Aerospace Public Flights and Full-Scale Display At Farnborough, Vertical will showcase its progress in two key ways. Visitors will witness public piloted flights of the full-scale prototype, and they can explore a full-scale commercial model of Valo on the exhibition floor. ezstandalone.cmd.push(function () { ezstandalone.showAds(129); }); Stuart Simpson, CEO of Vertical Aerospace , expressed confidence in the company’s trajectory. “Vertical arrives at Farnborough with the key building blocks now in place,” he said.  “Over the past year we’ve transformed the business – from launching Valo and achieving piloted transition to strengthening our financial position and expanding our industrial ecosystem. We’ve proven the technology.” “Our focus now is executing the roadmap to certification, industrialisation and commercial service. Every milestone we deliver reduces risk, strengthens our competitive position and brings us closer to building one of the world’s leading electric aerospace companies.” ezstandalone.cmd.push(function () { ezstandalone.showAds(130); }); Flight Demonstrations Open to the Public Vertical intends to perform public demonstration flights throughout the airshow week, marking the first time an eVTOL aircraft flies publicly at Farnborough. These flights remain subject to weather and regulatory approval. The planned demonstrations follow a recent decision by the UK Civil Aviation Authority (CAA) to expand Vertical’s Permit to Fly. This approval allows the company to operate public flights beyond its base at Cotswold Airport. Since receiving this authorisation, Vertical’s test pilots have successfully flown to multiple locations, including RAF Brize Norton, RAF Benson, Blackbushe Airport, and Farnborough Airport itself. ezstandalone.cmd.push(function () { ezstandalone.showAds(131); }); These operations have broadened the flight test programme and provided valuable experience across different operating environments. Such real-world testing is essential as the company moves closer to full certification and commercial service. Attendees interested in the latest flight schedules can join the Vertical Aerospace Farnborough International Airshow 2026 WhatsApp channel for real-time updates. Photo Credit: Gareth Iwan Jones Exploring the Valo Aircraft In Hall 4, visitors will have the opportunity to examine the full-scale commercial model of Valo up close and meet members of the team developing this advanced electric aircraft. The displayed model builds directly on the success of the flying prototype currently performing at the show. ezstandalone.cmd.push(function () { ezstandalone.showAds(132); }); Vertical brings one of the industry’s most robust technology ecosystems to Farnborough. The company collaborates with leading global partners, including Honeywell Aerospace, Aciturri, Evolito, Hyundai WIA, Syensqo, Sonaca, and Isoclima. It also holds approximately 1,500 conditional pre-orders from customers across four continents, such as American Airlines, Avolon, Bristow, GOL, and Japan Airlines. This week, Vertical announced a strategic partnership with Near Earth Autonomy. The collaboration aims to integrate advanced autonomous flight capabilities into Valo, supporting both future defence and commercial applications. ezstandalone.cmd.push(function () { ezstandalone.showAds(133); }); Leadership Voices on the Future of Air Mobility Throughout the week, Vertical’s executives will participate in high-level discussions about Advanced Air Mobility (AAM) and the path to commercial electric aviation. On Monday, 20 July (11:15–12:00) in Hall 3 – AGN Theatre 1L, Stuart Simpson will join a panel on “UK Leadership in Advanced Air Mobility.” Moderated by Sir Stephen Hillier, Chair of the UK Civil Aviation Authority, the session will explore how the UK can convert its early advantages in aircraft development, regulation, and operations into long-term commercial success. ezstandalone.cmd.push(function () { ezstandalone.showAds(134); }); Other confirmed speakers include representatives from Bristow Group, the CAA, NATS, and the Department for Transport. On Tuesday, 21 July (15:00–16:00), Simpson will take part in the “Inside the eVTOL Market” panel at the show’s inaugural Finance Summit in Hall 4. Hosted by Cantor Fitzgerald, the discussion will feature several prominent CEOs. This will include Kyle Clark of BETA, JoeBen Bevirt of JOBY, and Adam Goldstein of Archer Aviation. ezstandalone.cmd.push(function () { ezstandalone.showAds(135); }); The panel will examine the sector’s current progress and future vision. Image Credit: Vertical Aerospace Milestones on the Horizon As Vertical advances toward certification and entry into service, the company has outlined several important upcoming targets: Critical Design Review (CDR): Expected completion by the end of 2026. This review will establish the certifiable design baseline and pave the way for building and testing certification-conforming aircraft. Industrialisation: Opening the early production aircraft assembly facility in Q3 2026, followed by expansion of the Vertical Energy Centre in Q4 2026. Hybrid-electric Programme: Selection of a long-term turbogenerator supplier during 2026, ahead of hybrid-electric flight testing in the first half of 2027. ezstandalone.cmd.push(function () { ezstandalone.showAds(136); }); These planned achievements demonstrate Vertical’s clear and structured approach to bringing safe, sustainable electric flight to market. With strong partnerships, growing customer interest, and tangible technical progress, the company is well-positioned to play a leading role in the emerging advanced air mobility sector. Farnborough 2026 offers the public and industry stakeholders a unique opportunity to witness the future of aviation taking shape in real time. ezstandalone.cmd.push(function () { ezstandalone.showAds(137); });

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