Aerticket acquires majority stake in Airtrade
Berlin-baed air ticket wholesaler Aerticket AG said it has acquired a majority stake of 85% in Dutch air ticket consolidator Airtrade Holland BV.Aerticket said the move is an essential step…
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Avianca Holdings posts USD 75.3m of net income for Q1
Bogota-based airline operator Avianca Holdings SA (BVC: PFAVTA) said it posted operating income of USD 1.11bn during Q1 ´13.This is equivalent to an increase of 6.0% with respect to the…
Spain’s Abertis considers to sell UK airports in move to cut debt
Spanish mobility and telecom infrastructures manager Abertis Infraestructuras SA (MCE:ABE) is considering divesting its UK airports as one of the options under a strategic review aimed at cutting its EUR14.1bn…
Flybe’s expansion plans negatively impacted by EC’s expected decision to block Ryanair-Aer Lingus deal
UK regional airline company Flybe Group Plc (LON:FLYB) said it is disappointed by the news that the European Commission (EC) will most certainly block Irish low-cost carrier Ryanair Holdings Plc's…
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…
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…
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…
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…
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…
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…
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