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...
ITA Airways is in a wait-and-see position when it comes to what the new Italian government will decide on continuing the bidding process for a partial sale of the airline. A consortium of Certares and Delta Airlines plus Air France-KLM is currently the preferred...
UPDATE – SAS is seeking to raise at least SEK 9.5 billion in new equity capital and convert SEK 20 billion in debt and bonds into common shares as part of its FORWARD transformation plan. The capital raise was announced on May 30 during an update of the plan and...
The government of Quebec seems willing to invest another $200 million in Airbus Canada Limited Partnership (SCAC) to support the future of the Airbus A220 program. Although not officially confirmed, Canadian media Le Journal de Montreal and La Presse report that the...
Africa’s most profitable airline, Ethiopia Airlines has taken positive steps to promote travel and air service connectivity throughout the pandemic. This includes accepting vaccinated travelers without restrictions, managing the cost of PCR testing to ensure it is...
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