Farnborough day two

On Day Two of the Farnborough airshow, Air Nostrum and CityJet announced that they have signed a heads of terms with the aim to bring about closer co-operation between the two airlines under the umbrella of a new holding company. Subject to the normal approval process, the  merger of these two regional airlines would create the largest pan-European regional airline group. Air Nostrum is the regional operator for Iberia under a longstanding franchise agreement flying to more than 60 destinations within Europe and Africa, with a fleet of 50 aircraft, including 30 CRJ1000s. Air Nostrum is also active on wet lease