Air and Travel NEWS

Blackstone invests in two Maldivian seaplane operators

US alternative asset manager The Blackstone Group LP (NYSE:BX) has become a controlling shareholder in Maldivian Air Taxi (MAT) and Trans Maldivian Airways (TMA). Blackstone did not say how much it had paid … Continue reading “Blackstone invests in two Maldivian seaplane operators”


Contactless payment introduced on London buses

Bus passengers in London can now use a contactless debit, credit or charge card to pay for their journey, Transport for London (TfL) announced today. To use contactless payment, passengers can touch their … Continue reading “Contactless payment introduced on London buses”


Etihad Airways takes over UK frequent flyer programme TopBonus

Etihad Airways PJSC, the national airline of the United Arab Emirates, plans to pursue an acquisition of UK’s TopBonus Ltd, the frequent flyer programme of Germany-based air carrier Air Berlin Plc (ETR:AB1), a … Continue reading “Etihad Airways takes over UK frequent flyer programme TopBonus”


Czech government in talks to sell flag carrier Ceske Aerolinie

The Czech government is holding early-stage discussions with Korean Air Lines Co Ltd (KRX:003490) and Qatar Airways about the sale of troubled flag carrier Ceske Aerolinie AS, known as Czech Airlines (CSA), prime minister … Continue reading “Czech government in talks to sell flag carrier Ceske Aerolinie”


Singapore Airlines in talks with potential buyers of Virgin Atlantic stake

Singapore Airlines Ltd (SGX:C6L) announced today it was negotiating with interested parties a potential sale of its 49% stake in UK airline Virgin Atlantic Limited. The Singaporean company did not unveil the names … Continue reading “Singapore Airlines in talks with potential buyers of Virgin Atlantic stake”


Finnish government considers privatisation of infrastructure group Destia

The Finnish government is considering selling a stake in its loss-making infrastructure company Destia Ltd, international development minister, Heidi Hautala, told the country’s parliament. She did not specify the size of the stake … Continue reading “Finnish government considers privatisation of infrastructure group Destia”


Study looks at dangers of airport secondhand smoke

Average air pollution levels from secondhand smoke directly outside designated smoking areas in airports are five times higher than levels in smoke-free airports, according to a study by the US-based Centers for Disease Control and Prevention. … Continue reading “Study looks at dangers of airport secondhand smoke”


Qatar Airways to dispose of Cargolux stake as strategy talks ground to halt

Qatar Airways has decided to dispose of its 35% in Luxembourg-based Cargolux Airlines International SA, after it could not reach an agreement with the cargo carrier’s shareholders in Luxembourg on the future strategy … Continue reading “Qatar Airways to dispose of Cargolux stake as strategy talks ground to halt”


UK transport group Stagecoach acquires Manchester operator Bluebird

British bus and rail public transportation provider Stagecoach Group Plc (LON:SGC) said today it will acquire the north Manchester bus activities of private operator Bluebird for GBP2m (USD3.2m/EUR2.5m). The deal was signed and … Continue reading “UK transport group Stagecoach acquires Manchester operator Bluebird”


Copenhagen Airport to sell 49% in Newcastle Airport operator NIAL

Danish airports operator Copenhagen Airports A/S (CPH:KBHL), also known as Koebenhavns Lufthavne A/S, said it had reached an agreement to offload its 49% stake in British NIAL Group Ltd, the parent of Newcastle … Continue reading “Copenhagen Airport to sell 49% in Newcastle Airport operator NIAL”


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