Airline CEOs and industry dignitaries gathered in Washington DC Wednesday to celebrate the winners of the ATW 39th Airline Industry Achievement Awards.
International Airlines Group has upped its takeover offer for Spanish carrier Vueling to €9.25 ($11.90) per share after an original bid of €7.00 per share was rejected by Vueling’s management.
France has raised €448.5 million ($576.9 million) by selling 3.12% of Safran, just as the aerospace firm completed its acquisition of Goodrich Electrical Power Systems (GEPS).
The Australian Competition and Consumer Commission (ACCC) has granted approval for a five-year alliance beginning April 1 between Qantas and Emirates for passenger and cargo operations, and other related services.
Irish budget carrier Ryanair has sealed new long-term collective deals with all of its cabin crew and several pilot groups, including 10% pay increases.
Singapore’s High Court has given the go-ahead for Virgin Australia to acquire Perth-based regional carrier Skywest Airlines, marking one of the final hurdles for the deal.
Abu Dhabi-based Etihad Airways has extended its relationship with Sanad Aero Solutions with a 10-year agreement for the sale and lease-back of key component spares
