Korean Air parent to buy Asiana Airlines for $1.6bn
Hanjin KAL Corporation, the parent of Korean Air (KE, Seoul Incheon), has agreed to buy local rival Asiana Airlines (OZ,… Read More »
Virgin Australia shares cleared for transfer to Bain
The sale of Virgin Australia Holdings to Bain Capital took another step forward on November 10 when the Federal Court… Read More »
AGS Airports Names Sector Leader by Global Sustainability Organisations GRESB
Aberdeen International, Glasgow and Southampton airports all recognised for leadership in sustainability The efforts of AGS Airports, which owns Aberdeen… Read More »
Atlas Air, Titan secure $500mn to finance more conversions
Atlas Air Worldwide Holdings and its subsidiary Titan Aviation Holdings have secured USD500 million through two separate financing agreements, they… Read More »
Air Canada trims A220, B737 MAX orders, eyes B767 freighters
Air Canada (AC, Montréal Trudeau) has reached agreements with Airbus (AIB, Toulouse Blagnac) and Boeing (BOE, Chicago O’Hare) to adjust… Read More »
Turkish Airlines postpones $5bn financing to 2024
An agreement between Turkish Airlines (TK, Istanbul New) and Airbus to delay the delivery of new aircraft will see the… Read More »
AGS Airports Names Sector Leader by Global Sustainability Organisations GRESB
Glasgow ranked as best performing airport in the GRESB benchmark for sustainability leadership The efforts of AGS Airports, which owns… Read More »
Korea’s Jeju Air to receive $170mn in aid as losses widen
Jeju Air (7C, Jeju) is expected to receive KRW190 billion won (USD170 million) in state aid as part of South… Read More »