Lithuania interested in becoming airBaltic shareholder
Source: ch aviation Read more: Lithuania interested in becoming airBaltic shareholder
Iraqi Airways issues CMI tender for flights to Europe
Source: ch aviation Read more: Iraqi Airways issues CMI tender for flights to Europe
Air India details initial A350 deployment plans
Source: ch aviation Read more: Air India details initial A350 deployment plans
Vistara CEO moots mid-2025 for Air India merger closure date
The CEO of Vistara (UK, Delhi International) has told Indian media outlets that he expects to secure all the necessary legal approvals for the airline's merger with Air India (AI, Delhi International) by mid-2024 and complete the merger by mid-2025. The proposed merger of the two Tata Sons-controlled airlines was announced in late 2022 and [...]
AirAsia X to buy AirAsia, AirAsia Aviation Group
AirAsia X Berhad (AAX) dba AirAsia X will acquire 100% stakes in AirAsia (AAB) and AirAsia Aviation Group (AAAGL) following AAX entering into a non-binding acceptance letter with their present owner, Capital A. AAB operates AirAsia, while AAAGL operates the AirAsia brands based outside Malaysia, including Philippines AirAsia, Indonesia AirAsia, and the AirAsia Cambodia startup. [...]
Hainan Airlines shareholder pledges part of stake for loan
Source: ch aviation Read more: Hainan Airlines shareholder pledges part of stake for loan
Lufthansa compromises over ITA Airways deal – reports
Lufthansa (LH, Frankfurt International) has offered concessions to allay Brussels’ competition concerns over its plan to invest EUR325 million euro (USD355 million) to acquire an initial 41% stake in loss-making Italian state-owned flag carrier ITA Airways (AZ, Rome Fiumicino), the news agencies Bloomberg and Reuters reported. According to the reports on January 9, the German [...]
Malta's Universal Air ferries in first Dash 8-Q400
Source: ch aviation Read more: Malta's Universal Air ferries in first Dash 8-Q400
Kazakhstan retriggers Qazaq Air privatisation
Source: ch aviation Read more: Kazakhstan retriggers Qazaq Air privatisation
Lessor seeks to have India's SpiceJet declared insolvent
Alterna Capital Partners has joined the queue of lessors at India's National Company Law Tribunal (NCLT) seeking to have SpiceJet (SG, Delhi International) declared insolvent. An Alterna special purpose vehicle (SPV) is attempting to enforce a March 2023 UK High Court judgement awarding it more than USD11 million. The matter of Alterna Aircraft V B [...]