Air China gets capital injection from Beijing to increase Cathay stake
The Chinese government provided Air China with a CNY1 billion ($156.7 million) capital injection to allow the carrier to increase its holding in Cathay Pacific Airways.
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The UK Office of Fair Trading has restarted its investigation into Ryanair’s minority stake in its rival Aer Lingus.
The Chinese government provided Air China with a CNY1 billion ($156.7 million) capital injection to allow the carrier to increase its holding in Cathay Pacific Airways.
The Romanian government has approved a plan to partially privatize Tarom by selling a 20% stake in the airline.
Kenya Airways has confirmed plans to double the size of its fleet over the next five years as the carrier seeks to offer services to every country in Africa.
The proposed merger of LAN Airlines of Chile and Brazilian counterpart TAM Airlines has hit a further delay as a Chilean Constitutional Tribunal confirmed it would delay its decision in the matter.
ANA has officially applied to Japan’s Legal Affairs Bureau to establish its planned joint venture LCC with AirAsia to be called AirAsia Japan.
The Russian aviation authorities are considering halving the training time for the country’s airline pilots in a bid to head off a looming shortage of aircrew in civil aviation.
Brazil’s largest airline is reducing its planned fleet and taking other measures to control costs and make savings amid slower demand growth.