Grupo Aeroméxico hunts for new lender for rescue – report
Grupo Aeroméxico is in talks with potential lenders that could replace New York-based investment firm Apollo Global Management in its… Read More »
Stobart Air ceases trading
UK officials have set in place contingency plans after Stobart Air, which operates a string of short-haul and services on… Read More »
Ukraine Int’l Airlines defers Warsaw flights, blames Belarus
Ukraine International Airlines (PS, Kyiv Boryspil) has said it will not resume flights between Kyiv Boryspil and Warsaw Chopin on… Read More »
Pretoria announces new SAA strategic equity partner
Black-owned South African-based Takatso Consortium has been selected as the new 51% preferred strategic equity partner (SEP) of South African… Read More »
Azerbaijan’s Silk Way East Airlines shuts down
Azerbaijan’s Silk Way Group has closed and will liquidate its Silk Way East Airlines (Baku) unit, local news agencies reported… Read More »
Electric vertical takeoff and landing craft Vertical Aerospace to go public in $2.2 billion SPAC deal
Vertical Aerospace, an electric vertical takeoff and landing aircraft (eVTOL) maker backed by investors such as American Airlines, will go… Read More »
EU court orders re-evaluation of aid for Germany’s Condor
The General Court of the European Union annulled, on June 9, the European Commission’s approval of EUR550 million euro (USD670… Read More »
Lufthansa Consulting to advise Sudan Airways
Lufthansa Consulting has confirmed it is in talks with the Sudanese government over a role in restructuring state-owned Sudan Airways… Read More »