Lufthansa sells stake in Amadeus
Lufthansa has sold a 3.61% stake in Amadeus for €307 million. The airline group retains a 4% shareholding in the IT firm. Lufthansa sold the 16.2 million shares via an institutional private placement....
Lufthansa has sold a 3.61% stake in Amadeus for €307 million. The airline group retains a 4% shareholding in the IT firm. Lufthansa sold the 16.2 million shares via an institutional private placement....
ACE Aviation Holdings has sold 31 million shares of Air Canada and 2.5 million warrants to purchase Air Canada shares at exercise prices of $1.51 (1.25 million warrants) and $1.44 (1.25 million warra...
An Airbus ACJ319 with the fuel-saving Sharklet option has been ordered by a Chinese customer, in the first deal for this version from the country. The order builds on the strong Airbus corporate jet p...
In less than a year since AMR Corp filed for bankruptcy protection, the parent of American Airlines has spent $200 million in professional fees and expenses. Law firms, financial advisers and other pr...
An Emirates Airline A380s aircraft jetliner bound for Dubai was forced to return to Australia on Sunday night just 20 minutes after take-off when one of its engines failed. Some passengers reporting f...
Lufthansa has agreed to increase cabin crew pay by 3.5% over a two-year period from January. Trade union UFO had insisted on a 5% increase, which was countered by a 3.5% offer from Lufthansa. The pay ...
Siptu shop stewards and representatives at Aer Lingus are meeting to discuss ways to avert industrial action on Monday. The talks revolve around possible solutions to resolving €748 million deficit at...
Firstly keep an eye on Airbus production rates as Alcoa is once again hit by strikes and. Iberia is losing $1,600 per minute, SAS is in serious trouble, Air France is slashing costs, LOT is a worry an...
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, has delivered one a Boeing 737-800 to China United Airlines, a subsidiary of China Eastern Ai...
Etihad Airways is keen to expand its network in the US, said President and Chief Executive Officer, James Hogan, today. Hogan disclosed that the US specifically is among the highest performing regions...
UN aviation body ICAO will recommend creating a cyber security task force at a meeting next week in Canada. A task force is needed due to an increasing reliance on interconnected IT systems with opera...
Afriqiyah Airways has increased its A350 XWB fleet with a new firm order for four A350-900s. The carrier has also converted its original order for six A350-800s into six of the larger A350-900 model. ...
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