Finnair plans to launch a rights issue before the end of this year to raise €600 million in fresh capital. The proceeds will be used to repay part of a €400 million standing loan and support the revised strategy that has…
UPDATE – The German state has sold the last 6.2 percent of its share in Lufthansa Group, one year earlier than it was prescribed to do so. This means that the airline is now fully private again and no longer…
International Airlines Group (IAG) is not giving up on its plans to acquire Spanish carrier Air Europa. IAG and the airline’s owner Globalia have reached an agreement for a seven-year, unsecured loan of €100 million. It also provides exclusivity to…