Jet AirwaysBSE 0.62 % today announced that it has partnered with Fiji Airways, Fiji’s National Airline, to offer seamless connectivity between India and Fiji via Singapore and Hong Kong with code share flights...
Top Avianca shareholder Efromovich says deal with United ‘will happen’
Avianca Holdings SA AVT_p.CN top shareholder, German Efromovich, said on Thursday that a deal between Avianca and United Continental Holdings Inc (UAL.N) “will happen,” despite a lawsuit aimed at blocking...
Warren Buffet may buy an airline, says Morgan Stanley
Warren Buffett’s decision to take stakes in the four largest US airlines could be a first step to eventually taking over one of the companies, analysts said, citing his history in the railroad industry. “We view a full...
Lufthansa bets on India growth; to boost ties with Jet Airways
Bullish on Indian market, European airliner group Lufthansa plans to enhance bilateral ties with Jet Airways for increased connectivity to new cities and launch flight from Brussels to Mumbai next month. Lufthansa...
Reliance Aerostructure Limited joint venture with Rafale manufacturer Dassault Aviation incorporated
Reliance Aerostructure Limited (RAL)’s Joint Venture with Rafale fighter jet manufacturer Dassault Aviation- Dassault Reliance Aerospace Limited (DRAL)- has been incorporated. Eric Trappier, Chairman of Dassault...
Saab, Adani Group in discussions for fighter jet manufacturing deal
Saab AB of Sweden, makers of Gripen fighter jets, is in talks with the Gautam Adani-led Adani Group for a manufacturing partnership, a person aware of the development said. Saab is one of two firms in the race for...
Delta Air Lines offers to buy additional Aeromexico stake
Delta Air Lines Inc (DAL.N) said on Monday it plans to launch a cash tender offer to buy up to an additional 32 percent of Grupo Aeromexico SAB de CV’s stock (AEROMEX.MX) at 53 Mexican pesos per share, valuing the...
We are not ruling out India acquisitions: Boeing’s Leanne Caret
US aircraft maker Boeing Co. last week launched Boeing Defence India, a local unit aimed to support the company’s growth in the country. Pratyush Kumar, president of Boeing India, will lead the new unit. This is the...
Reliance Aerostructure’s joint venture with Dassault Aviation gets CCI nod
Reliance Infrastructure on Monday said its defence unit Reliance Aerostructure Ltd’s proposed joint venture with Dassault Aviation has received clearance from the Competition Commission of India (CCI)...
Flyeasy signs agreement to buy majority stake in Air Pegasus
Bengaluru-based regional airline Flyeasy has signed a pact to purchase an up to 74% stake in its peer, grounded carrier Air Pegasus, in the first sign of consolidation in the regional space. Air Pegasus’ founder...
Chile’s LATAM Airlines says Qatar Airways has completed stake purchase
Chile’s LATAM Airlines LAN.SN, Latin America’s largest, said on Wednesday that Qatar Airways has completed its acquisition of 10 percent of the company, in a transaction worth $608.4 million. LATAM announced...
Alitalia agrees short-term funding deal to keep airline going
Italy’s Alitalia has approved a short-term financing deal and a new industrial plan that will include job cuts, it said on Thursday, as the loss-making flagship carrier steps up efforts to sustain its business...
