Stake

Delta and Korean Air have announced plans to strengthen their partnerships with Canadian carrier WestJet through equity investments totaling 25%.

Malaysia Airlines has taken the next step in selling a stake of the carrier to another company in its quest to return to profitability. The country’s Prime Minister Mahathir Mohamad says that five bids have been received in hopes of selling part of the struggling carrier and keep it flying. Previously, the Government of Malaysia […]

Qatar Airways, the state-owned airline of Qatar, is interested in acquiring a 39 percent stake of the also state-owned TAAG – Linhas Aéreas de Angola, from the sub-Saharan nation of Angola according to information published by Novo Jornal in Angola. Though 39 percent would not grant to Qatar the position of the majority shareholder of […]