A consortium of Jet Airways, Air France-KLM and Delta Air Lines is understood to have expressed interest in the disinvestment of national carrier Air India, according to people in the know. Moving ahead with the...
Govt to invite initial bids for Air India stake sale in couple of weeks
India will invite initial bids for a stake sale in state-run carrier Air India in the next couple of weeks, Civil Aviation Secretary Rajiv Choubey said on Thursday during an airshow in the southern Indian city of...
French minister says no decision on airport operator sale
The French government has yet to make a decision on whether to privatize Paris airport operator ADP (ADP.PA), which is a“strategic asset”, the transport minister said on Sunday. “The government has announced that it was...
Air India looks to raise Rs500 crore through sale of land assets in FY19
Divestment-bound national carrier Air India is looking at raising Rs500 crore by selling land and real estate in 2018-19, and is likely to sell some of its prime properties across the country, two senior officials of...
Air India divestment should come with liberal terms: Top aviation official
Air India’s divestment should come with liberal terms for allowing more in-bound international flights to create a healthy competitive environment, a top aviation official said today. Given the full-fledged...
Etihad likely to sell its entire 24% stake in Jet Airways by December
Etihad Airways will likely sell its entire 24% stake in Jet AirwaysBSE -0.54 % by December this year, consultancy firm CAPA-Centre for Aviation said. Etihad denied any such plan, while Jet called it “speculation”. The...
Etihad says no plans to divest stake in Jet Airways
Etihad Airways will likely sell its entire 24% stake in Jet AirwaysBSE -0.54 % by December this year, consultancy firm CAPA-Centre for Aviation said. Etihad denied any such plan, while Jet called it “speculation”. The...
Malaysia’s AirAsia sells aircraft portfolio for $1.2 billion
AirAsia Bhd, Malaysia’s flagship budget airline, said on Thursday it has agreed to sell its aircraft leasing operations for $1.2 billion to firms managed by BBAM Limited Partnership. The sale is part of AirAsia’s...
Brazil president weighing Boeing-Embraer joint venture -spokesman
Brazilian President Michel Temer is weighing whether to support a proposal for a joint commercial aviation company between Boeing Co (BA.N) and Brazilian aircraft maker Embraer (EMBR3.SA), a presidential spokesman said...
Safran close to India combat jet engine deal: sources
France’s Safran (SAF.PA) is close to an agreement to supply a version of its M88 military jet engine for India’s Tejas light combat aircraft, two people close to the discussions said. The deal, if confirmed, could be...
Air India stake sale: Govt may include call and put options in agreement
The government is likely to include call and put options in the share purchase agreement of Air India to profitably sell its residual stake in the airline after strategic disinvestment. A put option gives the existing...
American Airlines, Qantas re-seek U.S. nod for joint venture
American Airlines Group Inc (AAL.O) and Qantas Airways Ltd (QAN.AX) are making a second attempt at gaining U.S. regulatory permission for a venture that would allow them to coordinate prices and schedules, threatening...
