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Air France-KLM plans to raise 2.3 billion through rights issue

On the day of its Annual General Meeting in Paris, Air France-KLM announced its long-awaited rights issue. The airline group plans to issue 1.928 million new shares and raise €2.256 billion in fresh capital, of which €400 million will come from French logistics...

Air France-KLM in talks with Apollo over engine sale deal

Air France-KLM intends to sell part of the equity of Air France Engineering & Maintenance to Apollo Global Management, a New York-based asset management company. The negotiations are for a number of spare engines that are owned by the AF affiliate. Air France-KLM...

The Abra Group explained – what does it mean to Latin America

This month, Avianca and GOL shareholders announced the launch of the Abra Group Limited, a new holding that looks relatively similar to the International Airlines Group in Europe. The Abra Group Limited will be composed of Avianca, GOL, Viva Colombia, and Viva Perú...

AirInsight – News in Brief May

Here is our rolling report with short aviation news for the month of May 2022: 20 - The Italian financial police Guardia Finanza has confiscated four Sukhoi Superjet aircraft that were parked in Venice. The police has also blocked the ninety-percent share of Leonardo...