TAP sale inches closer to fruition
Synergy Group Corp., the conglomerate that owns AviancaTaca and headed by German Efromovich, is reported to be preparing a final binding offer for Portuguese airline TAP before the December 7 deadline...
Synergy Group Corp., the conglomerate that owns AviancaTaca and headed by German Efromovich, is reported to be preparing a final binding offer for Portuguese airline TAP before the December 7 deadline...
After a series of disagreements with majority owner of Cargolux, the government of Luxembourg, over its future direction, Qatar Airways is likely to sell its 35% stake in the cargo carrier back to the...
Scandinavian airline SAS is seeking 100,000 kronor in damages from a man charged with making a fake bomb threat after missing his flight to Malta from Stockholm. The flight was about to depart when t...
Investec Aviation Finance has closed its aircraft fund, Investec Aircraft Syndicate Limited (IASL). IASL will invest $500m in new generation, fuel efficient aircraft on lease to a number of leading ai...
Polish LOT Airlines has secured a $500 million loan guaranteed by the US Export-Import Bank (Ex-Im Bank) which will finance its fleet of eight 787 aircraft it has on order. LOT took delivery of its fi...
As reported here on September 20, Virgin Atlantic has now secured extra slots at London Heathrow airport and is poised to launch short-haul domestic routes in the UK from March next year. The airline ...
Scandinavian airline SAS has finally reached agreements with most of its unions on wage cuts, pensions and changes to working hours. As part of its restructuring plan, the airline plans to cut salary ...
The transport minister Anthony Albanese has indicated that he will hold talks with Italy to seek improved traffic rights for Australian flag carriers. Currently, Australian carriers can offer 1000 cod...
GKN Aerospace and Shanghai Aircraft Manufacturing Company (SAMC) have revised their Memorandum of Understanding (MOU) and signed further agreements covering manufacturing development and intellectual ...
Maldivian Airlines, the national carrier of the Maldives has become a new operator of Airbus single aisle aircraft, following the first commercial flight of an A320 on the inaugural flight from Male t...
LOT Polish Airlines has taken delivery of the airline's first Boeing 787 Dreamliner. The Polish carrier is the first European airline to take delivery of the 787. Senior LOT and Boeing executives, as ...
Lufthansa has sold a 3.61% stake in Amadeus for €307 million. The airline group retains a 4% shareholding in the IT firm. Lufthansa sold the 16.2 million shares via an institutional private placement....
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