Lufthansa submits new bid for ITA Airways stake
German flag carrier Deutsche Lufthansa (Lufthansa) has submitted an offer to acquire a stake in the Italian loss-making national carrier ITA Airways. In…
03 Jan 2023
Korean Air receives Chinese approval for Asiana acquisition
Korean Air’s merger with fellow South Korean airline Asiana Airlines has been approved by The Ministry of Commerce of the People’s Republic of China (MOFCOM).Asiana Airlines, a member of Star…
23 Dec 2022
Royal Schiphol Group buys repurchases back 8% ADP stake in Groupe ADP for €420m
Dutch airport management company Royal Schiphol Group (RSG) has concluded the buy back of its 8% interest in French airports operator Aéroports de Paris (Groupe ADP) for €420m. The deal…
15 Dec 2022
Embraer in discussions with Singapore Airlines arm for E-Jets supply
Brazilian multinational aerospace manufacturer Embraer is reportedly in negotiations with Singapore Airlines to sell regional jets, Bloomberg reported citing two people privy to the matter. The aircraft is meant for…
09 Dec 2022
VINCI purchases 29.99% stake in Mexican airport operator OMA
VINCI Airports has closed a $1.17bn deal to buy Fintech Advisory’s 29.99% interest in Mexican airport operator OMA (Grupo Aeroportuario del Centro Norte). The transaction makes VINCI the largest shareholder…
06 Dec 2022
Royal Schiphol Group divests remaining stake in Groupe ADP
Dutch airport management company Royal Schiphol Group (RSG) has divested its remaining 3.9% stake in French airports operator Aéroports de Paris (Groupe ADP). The sale was executed via an accelerated…
29 Nov 2022
SIA and Tata Sons to combine Air India and Vistara airline businesses
Singapore Airlines (SIA), the flag carrier airline of Singapore, and Tata Sons have decided to merge Air India and Vistara airline companies, with SIA agreeing to invest $250m in Air…