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South African Airways Seeks Its 5th CEO In The Last 5 Years After Sale Deal Collapses
South African Airways is looking to appoint a permanent executive team.
Air France-KLM Group To Acquire Non-Controlling Stake In SAS
SAS will now become a private company after a consortium led by a US private equity firm won the bid.
IAG's CEO Is Still Interested In Buying TAP Air Portugal
The airline group already had several flag carriers but would be open to investing if the conditions were right.
Government To Approve TAP Air Portugal Privatisation Plan This Month
TAP Air Portugal's partial privatization is still on track. Read on for why three airline groups are interested in the Portugese airline.
Pakistani Aviation Minister Says PIA Could Suffer Nearly $1 Billion In Losses By 2030
PIA must privatize to avoid massive losses and to alleviate its debts, according to Pakistan's Aviation Minister.
Competition Tribunal Conditionally Approves South African Airways Part Privatization
The merger has been approved with divestment conditions set.
TAP Air Portugal Is Now Expected To Be Privatized In 2024
It's still unknown as to what percentage the government intends to sell off.
South African Airways Semi-Privatization Deal To Be Complete In 4 Months
A deal that has been extended over a long period may be finalized within four months.
TAP Air Portugal Reports $70 Million Yearly Net Profit
Currently undergoing a restructuring process, the airline has returned to profit ahead of forecasts.
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Italian Government To Inject €400 Million Into ITA Airways
The investment from public funds comes as the airline resumes takeover negotiations.
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ITA Airways' President Resigns Over Partnership Negotiation Disputes
The airline's board revoked Altavilla's powers a few weeks ago, which led to his resignation.
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ITA Airways To Reopen Lufthansa Talks As France-KLM Exclusivity Ends
The new government is reportedly seeking a strong industrial partner rather than a purely financial investment.
Air France-KLM Group Is Interested In Stake Of TAP Air Portugal
Two years after taking ownership of TAP, the Portuguese government wants to sell.
Sri Lanka To Push Ahead With National Airline Privatization
Parts of SriLankan Airlines’ catering and ground handling operations may soon be up for sale.
Sri Lanka Proposes Privatizing Its National Airline
As part of a proposed "special relief" budget, the government is looking to privatize SriLankan Airlines due to significant financial losses.
South African Airways To Be Sold To The Takatso Consortium
The South African government is moving forward with the sale of SAA to the Takatso Consortium.
