Turkish Nearing Binding Offer for Stake in Air Europa
Turkish Airlines is almost ready to put forward a binding offer for a piece of privately-owned Spanish carrier Air Europa.
Turkish Airlines is almost ready to put forward a binding offer for a piece of privately-owned Spanish carrier Air Europa.
Air France-KLM, the parent company of Air France and KLM Royal Dutch Airlines, has pulled out of the process to acquire a stake in Spain’s privately-owned Air Europa.
Turkish Airlines is considering taking a minority stake in Spanish low-cost carrier Air Europa, according to a report from Reuters on Friday.
The airline in March announced plans to link its main hub in Madrid with Orlando, Florida, and earlier this week said it will add Philadelphia to its network.
As part of a new investment and fleet expansion plan, Spanish flag carrier Iberia is launching routes to Philadelphia, Toronto, and Monterrey, Mexico.
Lufthansa had previously required a cabin crew member to remain on the flight deck whenever one pilot was absent, a procedure that was later changed.
Iberojet expands its service to Honduras with a new flight from Barcelona to Tegucigalpa, adding to their existing Madrid route.
The Consortium of the Airport of Teruel inaugurated on Monday a gigantic hangar that can contain up to two Airbus A380, the largest commercial passenger plane today. The works, which began in August 2020, required an investment of 23 million euros. It is expected that the new hangar will enhance the role of the Teruel […]
Milan to New York City on Emirates, Los Angeles to Paris on Air Tahiti Nui, and New York City to Frankfurt on Singapore Airlines all have one thing in common: they are what we call “Fifth Freedom Flights.” These flights operate all around the planet and are flights where neither the origin nor destination is […]
International Airlines Group (IAG) has agreed to purchase the remaining 80% stake of Air Europa that it did not already own from Spanish company Globalia. In announcing strong financial results for 2022 and a positive outlook for 2023, IAG revealed that it had finalized an agreement to pay 400 million Euros ($422 million) to acquire […]