The Air France-KLM combine is close to forming a far reaching, deep commercial joint venture with Jet AirwaysBSE -0.23 % which will likely entail synergies on more routes, their respective frequent flyer programmes...
Air India stake sale: 14 firms in race to assist govt
As many as 14 companies have expressed an interest to collaborate with the government in the role of transaction and legal advisors for the divestment of national carrier Air India. The Department of Investment and...
Air Berlin in talks with Condor, not just easyJet: source
Air Berlin (AB1.DE) is in talks with Thomas Cook (TCG.L) airline Condor, as well as Britain’s easyJet (EZJ.L) over the sale of some of its remaining assets, as time runs out for a deal to be done, a source familiar with...
Air India eyes sale of scrapped engine parts to generate additional revenue
Air India has sought business proposals for sale of scrapped aircraft engine parts, a move that could provide additional revenues for the disinvestment-bound+ national airline. The carrier plans to salvage select engine...
Boeing says Bombardier CSeries jets may face hefty duties despite Airbus deal
Boeing Co (BA.N) said on Tuesday that Bombardier Inc’s (BBDb.TO) CSeries jets could still be hit with high U.S. import duties, even if they are assembled in Alabama through an industry-changing deal with Airbus (AIR.PA)...
Airbus takes control of Bombardier CSeries in rebuff to U.S. threat
Airbus SE agreed on Monday to buy a majority stake in Bombardier Inc’s CSeries jetliner program, grabbing control of a struggling competitor at the second attempt and giving the Canadian plane-and-train-maker an...
Air India seeks $555 million bridge loan to buy 3 Boeing planes
Air India is planning to raise $555 million by way of bridge loan for the purchase of three Boeing Co. aircraft, according to a tender document. Air India, which is in the process of being privatised, would be taking...
India prefers domestic buyer for Air India: Govt source
India would prefer selling state-owned Air India to a domestic buyer, a government source told reporters on Monday, as it finalises the privatisation process. Earlier this year the government said it would sell its...
Lufthansa spreads wings by snapping up parts of failed Air Berlin
Lufthansa reinforced its position as Germany’s largest airline on Thursday by signing a 210 million euro ($249 million) deal to buy large parts of insolvent Air Berlin. Lufthansa plans to use the Air Berlin assets to...
Air France in talks with Jet Airways to strengthen partnership
Air France signed a new joint venture (JV) deal with Vietnam Airlines and said it was in advanced talks with India’s Jet Airways over a partnership as part of efforts to boost its long-haul network. Air France is...
Indonesia’s Garuda estimates $200 million from GMF AeroAsia stake sale: CEO
Flag carrier PT Garuda Indonesia Tbk estimated its unit PT Garuda Maintenance Facility AeroAsia (GMF AeroAsia) could raise $200 million from selling a 20 percent stake to a strategic buyer, Garuda Indonesia CEO Pahala...
Tata chairman N. Chandrasekaran says interested in bidding for Air India: Report
India’s Tata conglomerate is interested in bidding for state-owned Air India as the group needs to increase the sizes of its aviation business, its boss told a television channel in an interview on Monday. Tata...
