Lufthansa sells stake in Amadeus
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....
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....
ACE Aviation Holdings has sold 31 million shares of Air Canada and 2.5 million warrants to purchase Air Canada shares at exercise prices of $1.51 (1.25 million warrants) and $1.44 (1.25 million warra...
An Airbus ACJ319 with the fuel-saving Sharklet option has been ordered by a Chinese customer, in the first deal for this version from the country. The order builds on the strong Airbus corporate jet p...
An Emirates Airline A380s aircraft jetliner bound for Dubai was forced to return to Australia on Sunday night just 20 minutes after take-off when one of its engines failed. Some passengers reporting f...
Airbus, EADS Innovation Works and ENN, one of the world’s leading Bio-Energy companies based in China, have signed a Memorandum of Understanding at the China International Air Show in Zhuhai. The part...
UN aviation body ICAO will recommend creating a cyber security task force at a meeting next week in Canada. A task force is needed due to an increasing reliance on interconnected IT systems with opera...
Parker Aerospace and GE Aviation have formed a 50:50 joint venture, Advanced Atomization Technologies, to develop and manufacture engine-fuel nozzles for commercial aircraft. The company will be based...
UN aviation body ICAO will recommend creating a cyber security task force at a meeting next week in Canada. A task force is needed due to an increasing reliance on interconnected IT systems with opera...
Solomon Airlines will celebrate its 50th anniversary with the arrival of its new dash eight aircraft. The new aircraft leaves Cyprus this week for its five day travel to Honiara. The new aircraft com...
The UK’s national noise reduction charity, the Noise Abatement Society, presented the Airbus A380 with a top award at their annual award ceremony last night recognising the aircraft’s reduced noise ar...
A German company, ICM, has won the bid Ethiopian Airlines put up for the construction a new cargo terminal at the airline’s hub at the Addis Ababa Bole International Airport. Tewolde Gebremariam, Eth...
Prime Minister Hailemariam Desalegn of Ethiopia has given a green light to the Ethiopian Airports Admiration to proceed with the new giant international airport construction project planned to be buil...
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