Stonepeak is in advanced talks to acquire Air Transport Services Group, a provider of aircraft leasing and cargo transportation services, for about $3.1 billion including debt, people familiar with the matter said on...
Russia’s Putin authorises sale of Fraport’s 25% stake in St Petersburg airport
Russian President Vladimir Putin has authorised the transfer of German airport operator Fraport’s 25% stake in St Petersburg’s Pulkovo Airport to an unidentified party, a decree published on Friday showed. A...
Frontier, Spirit Airlines revive merger talks, WSJ reports
Frontier Airlines is exploring a renewed bid for Spirit Airlines, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The two budget carriers have had recent discussions about a possible...
Qatar Airways to buy 25% Virgin Australia stake, raising heat on Qantas
Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas Airways that has dominated Australian routes and pushed back against giving access...
DGCA grants approval for merger of AIX Connect, Air India Express
The Directorate General of Civil Aviation (DGCA) on Tuesday granted the requisite regulatory approval for the merger of AIX Connect (“AIXC”), formerly known as AirAsia, into Air India Express...
Qatar Airways buys into Virgin Australia, raising the stakes against Qantas
Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas Airways that has dominated Australian routes and pushed back against giving access...
Alaska Airlines completes $1.9 billion acquisition of Hawaiian
Alaska Airlines said on Wednesday it had completed its $1.9 billion acquisition of Hawaiian Airlines after reaching an agreement with the U.S. Department of Transportation. The airlines on Tuesday agreed to maintain key...
Alaska Airlines, Hawaiian can close merger deal, DOT says
The U.S. Transportation Department said on Tuesday it had agreed to allow Alaska Airlines to close on its $1.9 billion acquisition of Hawaiian Airlines, after the carriers agreed to maintain key Hawaiian routes and...
Go First insolvency case: NCLT asks promoters to file reply on liquidation in 3 weeks
Corporate dispute tribunal NCLT has asked the suspended board of grounded airline Go First to file a reply within three weeks over the liquidation of the debt-ridded firm. A two-member bench of the Delhi-based National...
NCLT seeks Go First response on CoC decision to liquidate company
The National Company Law Tribunal (NCLT) on Tuesday issued a notice to the suspended management of grounded budget carrier Go First, seeking its response to the Committee of Creditors’ (CoC) decision to liquidate...
Centre okays Singapore Airlines’ FDI proposal for Air India-Vistara merger
In a boost to the Air India-Vistara merger, Singapore Airlines (SIA) on Friday said that it has received approval from the Government of India for foreign direct investment (FDI) in a deal with the Tatas, the airline...
2027-28 demerger in sight, Adani Group’s airport arm prepares for independent operations, CFO confirms
Adani Group is planning to demerge its airport business by the financial year 2027-28, according to Robbie Singh, Group Chief Financial Officer (CFO) of Adani Group, as reported by TOI. This announcement was made during...
