Lufthansa Group is reportedly evaluating buying a stake in airBaltic (BT, Riga) as a part of the latter's planned privatisation, Bloomberg has written, citing what it called informed but anonymous sources. The discussions are at an early stage and no decisions have been made just yet. Both carriers refused to comment on the report. The [...]
Germany, France, and the United Kingdom - the so-called E3 countries - have announced coordinated sanctions against Iran over its alleged supply of ballistic missiles to Russia. The actions will include the termination of bilateral air service agreements, albeit deferred for 12 months, and potential sanctions against majority state-owned IranAir (IR, Tehran Mehrabad). "The E3 [...]
Source: ch aviation Read more: Poland's LOT adds wet-leased B777 capacity
Source: ch aviation Read more: Lithuania okays Cypriot investor control of Heston Airlines
Source: ch aviation Read more: Local gov'ts to subsidise flights to Burgas, Bulgaria
Etihad Airways (EY, Abu Dhabi International) - owned by the Abu Dhabi sovereign wealth fund ADQ - will wait until 2025 before making its stock market debut, aiming to showcase strong 2024 financial results to investors before proceeding with an IPO, two unnamed sources have told Reuters. The airline was not immediately available for comment. [...]
Source: ch aviation Read more: Thai Airways inks MRO MOU with Thai Aviation Industries
Source: ch aviation Read more: China Postal Airlines issue RFP for one B737-800F
American Airlines (AA, Dallas/Fort Worth) has voluntarily withdrawn a USD500,000 claim against logistics giant Kuehne + Nagel over a damaged Rolls-Royce Trent 800 engine in a civil action at the US District Court of Northern Texas, according to court documents reviewed by ch-aviation. This comes after the airline, on August 30, demanded a jury trial [...]
Red Sea Airlines (4S, Cairo International) has entered into agreements to add two B737-800s, set to arrive in the first quarter of 2025, according to the company’s director of ground operations, Ahmed Mohamed El-Gendy. In an interview with Arabian Aerospace, El-Gendy said the Egyptian carrier had seen substantial demand in the Central Asian and Eastern [...]