(Reuters) – Qatar has approached International Airlines Group , the owner of British Airways and Iberia, with an informal offer to become the company’s largest shareholder by buying the 12 percent stake held by Spain’s nationalised lender Bankia, the Financial… Continue reading
Gulf carrier Etihad Airways is close to buying a 48 percent stake in debt-ridden Indian carrier Kingfisher Airlinesfor a little over 30 billion rupees, the Mumbai Mirror reported on Tuesday.
A formal announcement of the deal could come around… Continue reading
Delta Air Lines is buying Singapore Airlines’ 49 percent stake in Virgin Atlantic to expand the US carrier’s trans-Atlantic network, the two airlines announced Tuesday.
Delta and Virgin Atlantic will form a joint venture, with Delta investing $360 million… Continue reading
Virgin, Australia’s second-biggest airline, said the companies had also committed to invest a further Aus$62.5… Continue reading
In an announcement posted by Virgin on the Australian stock market, Etihad said it built its holding… Continue reading
A spokesman for the Irish transport minister has refuted a report published by a local daily that the minister would discuss the sale of the country’s stake in Aer Lingus Group to Abu Dhabi-based Etihad Airways, Bloomberg has reported.
Yesterday… Continue reading