The European Commission announced its conditional approval for Deutsche Lufthansa’s proposed 41 percent stake in Italy’s ITA Airways. The deal, negotiated last year, has Lufthansa paying €325 million for its stake in the carrier, with the Italian finance ministry also…
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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…
UPDATE – The US Federal Aviation Administration (FAA) has set design requirements for one of the unique features of the Airbus A321XLR: the Rear Center Tank (RCT). Reuters reports today that the FAA has formulated special conditions in an advisory circular…
The US Department of Transportation (DOT) has approved Delta and LATAM Joint Venture Agreement, the airlines announced on Friday. This is a massive step for both airlines to boost their partnership. Unparalleled network The Joint Venture will allow passengers to…