Delta Airlines has announced equity stake changes in LATAM and Aeromexico, two Latin American carriers currently under the Chapter 11 bankruptcy process. Delta will see its equity stakes in both airlines dilute due to the reorganization process. The US carrier will...
The Nigerian Federal Government is moving fast with the establishment of the much-awaited national carrier. The government selected “a preferred partner”, and they are in the final stage of the Full Business Scale (FBS). The Minister of Aviation, Hadi...
UK’s Virgin Atlantic is set to retain its majority-share by parent company Virgin Group after all. In a letter to his employees on December 2, president and non-executive director Richard Branson said Virgin Group is to keep its 51 percent-share with Air France-KLM to...
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