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China approves Korean Air/Asiana combination

China approves Korean Air/Asiana combination

by Richard Schuurman | Dec 27, 2022 | Airlines | 0 comments

Korean Air enters 2023 with the approval of its takeover of Asiana Airlines by the Chinese ministry of commerce. This is an important step in completing the acquisition plan, although approval from some key countries is still pending. China approves Korean Air/Asiana...
ITA Airways’ future now seems to depend on Lufthansa and Italian railway company FS

ITA Airways’ future now seems to depend on Lufthansa and Italian railway company FS

by Richard Schuurman | Nov 24, 2022 | Airlines | 0 comments

Italian media speculate that Lufthansa is looking for a new partner to acquire a majority stake in ITA Airways. The name that is mentioned most often is that of the Italian railway company Ferrovie Dello State Italiane, or FS for short. ITA Airways’ future now...
Future of South African Airways remains blurred

Future of South African Airways remains blurred

by Richard Schuurman | Nov 23, 2022 | Airlines | 0 comments

The future of South African Airways (SAA) remains blurred. While the government stresses that the takeover deal with Takatso Consortium for a 51 percent share is not at risk, other reports state that the consortium has yet to raise the required ZAR 3.0 billion to...
SMBC expects to close acquisition of Goshawk within weeks

SMBC expects to close acquisition of Goshawk within weeks

by Richard Schuurman | Nov 22, 2022 | Aerospace, Lessors | 0 comments

Dublin-based Japanese lessor SMBC Aviation Capital expects to close the acquisition of Goshawk Aviation in the coming weeks. SMBC announced the acquisition in May and said then it would be closed in the second half of the year. SMBC will pay $6.7 billion for Goshawk...
Qantas CEO sees solid case for Alliance acquisition

Qantas CEO sees solid case for Alliance acquisition

by Richard Schuurman | Oct 6, 2022 | Airlines | 0 comments

UPDATE – Qantas CEO Alan Joyce is optimistic that his airline will be granted the full acquisition of Alliance Airlines. The Australian Competition and Consumer Commission (ACCC) raised concerns in an interim ruling in August, but Joyce thinks the commission...
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