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News

U.S. Fund Makes Major Investment in Latin America’s Viva Air

May 11, 2019 Jose Antonio Payet

U.S. investment firm Cartesian Capital Group has injected $50 million into Latin American low-cost carrier Viva Air, a subsidiary of low-cost developer Irelandia with bases in Colombia and Peru. The investment will help Irelandia’s Latin

News

Another Gulf Carrier Backing: Qatar Airways Invests in Italy’s Meridiana

October 3, 2017 Mateen Kontoravdis

The state-owned flag carrier based in Doha, Qatar Airways, announced that it has finalized a deal with Sardinia-based airline Meridiana, to purchase a 49 percent stake in the Italian carrier, while Meridiana’s parent company will