UPDATE – 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…
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…
Air France-KLM and French logistics company CMA CGM Group have signed a ten-year strategic partnership to jointly develop their air cargo market. The two airlines will combine their cargo networks and fleet, and offer their services as one voice to customers.…
Wizz Air plans to launch operations in October with a new subsidiary based in Malta. The launch date is subject to regulatory approval from the Maltese Civil Aviation Directorate (CAD) and Europe’s EASA. Wizz Air plans to launch Maltese subsidiary…
Kenya Airways moves to tap into electric urban air mobility
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