Korean Air has gained approval from its shareholders to amend its articles of association to help finance its planned acquisition of compatriot Asiana Airlines, moving the carrier a step closer to taking over its rival. Korean Air has gained approval...
Vietnam Airlines plans to issue D8 trillion ($350 million) worth of ordinary shares for sale to existing shareholders to supplement working capital and pay down debt. Vietnam Airlines plans to issue D8 trillion ($350 million) worth of ordinary shares for sale to...
Delta Air Lines has inked a partnership with communications company Viasat that will deliver a new branded high-speed wi-fi portal to passengers on more than 300 of its narrowbody aircraft. Delta Air Lines has inked a partnership with communications company Viasat that...
American Airlines and Alaska Airlines are shutting down the practice of bringing so-called “emotional support animals” (ESAs) into aircraft cabins, after the US Department of Transportation (DOT) last month gave passenger carriers the right to ban them. American Airlines and...
US charter company Wheels Up continues to expand through acquisition, announcing it has purchased Colorado-based private aviation company Mountain Aviation. US charter company Wheels Up continues to expand through acquisition, announcing it has purchased Colorado-based private aviation company Mountain Aviation....
Teledyne has signed an agreement to acquire FLIR Systems for about $8 billion worth of cash and stock. Teledyne has signed an agreement to acquire FLIR Systems for about $8 billion worth of cash and stock. The planned acquisition is...
Pilatus has delivered the 100th PC-24 business jet, with the milestone aircraft handed to long-term customer Jetfly Aviation. Pilatus has delivered the 100th PC-24 business jet, with the milestone aircraft handed to long-term customer Jetfly Aviation. Luxembourg-based fractional ownership provider...
India’s government has hit another stumbling block in its years-in-the-making sale of flag carrier Air India. The timeline for the sale is now uncertain after the government decided against informing bidders today as to whether they had been shortlisted. Source: Boeing...
Budget carrier EasyJet has started suspending voting rights for certain shares which are still held by non-European Union interests, in order to comply with EU ownership regulations. EasyJet holds an EU operating licence and, as a result, needs to be...
Greece and Israel have struck a provisional agreement covering the creation of a flight school for the Hellenic Air Force to be built and run by Elbit Systems and which will also see the acquisition of 10 Leonardo M-346 jet...