PR: The investment will further cement Qatar Airways’ position as a key driver in realising economic and business potential on the African continent 20 August 2024 Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional…
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…
PR: Abra Group has agreed to carry out a strategic investment in Wamos Air, a world-leading air charter and wet lease services company based in Spain. This partnership will bring about the possibility of improving connectivity between Latin America and…
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Wadia’s look to sell significant stake or exit Go First
Delhi-based low-cost airline SpiceJet has restructured over $100 million outstanding dues to lessor Carlyle Aviation Partners (CAP). The lessor takes equity shares and compulsorily convertible debentures (CCDs), the airline announced on Monday. Once the transaction is completed, CAP will have over…