It seems that Richard Branson's Virgin Group will retain 51% control of Virgin Atlantic and in the process - abandon the sale of a portion of the airline to Air France-KLM group. Virgin Atlantic Airbus A350-1000 at London Heathrow - Image, Economy Class and Beyond The proposed sale would have reduced the holding of Virgin Group down from 51% to 20% (with Delta Air Lines … [Read more...]
Five Days to Save Hong Kong Airlines
The Hong Kong Air Transport Licencing Authority has laid down its requirements to Hong Kong Airlines for its licence and survival. And there's limited time to secure the future of the airline. The statement asks for Hong Kong Airlines to improve its financial situation, based on the failure to meet paying salaries or as they describe it " probability of providing a … [Read more...]
IAG announces plans to acquire Air Europa
Breaking this morning, International Airlines Group (IAG) has announced it will be spending €1 billion on acquiring Air Europa. Air Europa Airbus A330 at Amsterdam Schiphol - Image, Economy Class and Beyond. Under the transaction, Air Europa will fall under Iberia - with IAG making some ambitious plans. In particular, the aim of the purchase is to … [Read more...]
Cathay Pacific completes its acquisition of Hong Kong Express
During Friday, Cathay Pacific completed the planned acquisition of low-cost carrier Hong Kong Express Airlines. As such, Hong Kong Express Airlines (HK Express) is now a wholly-owned subsidiary of Cathay Pacific, after purchasing it from HNA Group All services that are booked to operate will remain as-is, with customers being able to book flights as needed. HK … [Read more...]
Connect Airways gets European Commission approval of FlyBe purchase
It's been some time coming, but the European Commission formally approved the take over of FlyBe by Connect Airways. They will merge FlyBe, Stobart Air and Proppius Holdings into one company. Flybe De Havilland Dash 8 at Birmingham Airport - Image, Economy Class and Beyond. With the merger clearance completed, this should be the foundation of FlyBe's long term … [Read more...]
A closed Rooftop Bar – Last Joon flights today
It seems the airline that thought it was a fashion brand and of course - a rooftop bar - is coming to an end, with Joon by Air France is ceasing service today. A Joon Airbus A320 in happier times - Image, Joon via Twitter All Joon services will fold back into Air France, and will operate as Air France flights. JOON would like to thank you for sharing this adventure. … [Read more...]
Bombardier to exit commercial aviation – sells CRJ line to Mitsubishi
Well, it's finally happened. What started as the hiving off of the CSeries programme to Airbus, and the disposal of the Dash series to Longview Aviation is concluded - with Bombardier to sell its CRJ (Canadair Regional Jet) to Mitsubishi Heavy Industries. The Bombardier CRJ... soon to be Mitsubishi CRJ - Rendering, Bombardier Both companies have agreed to enter into a … [Read more...]
Delta Air Lines goes shopping… and buys a bit of Korean Air
It seems Delta Air Lines didn't stop shopping after the Paris Air Show, with the airline taking an equity stake in fellow SkyTeam member Korean Air. Korean Air Boeing 777-300ER arriving into Chicago O'Hare International - Image, Economy Class and Beyond. Delta has acquired a 4.3 percent equity stake in Hanjin-KAL, the largest shareholder of Korean Air. According to … [Read more...]
Ryanair to start a Malta-Based operation
Ryanair is launching a new sub-brand today, with the holding company purchasing Malta Air - a start-up airline (not to be confused with Air Malta). Malta Air Boeing 737-800 - Image, Ryanair Ryanair will base six Boeing 737 aircraft in this fleet. Currently, Ryanair has operated to Malta for twelve years, with 3 million passengers a year using them. These six Boeing 737 … [Read more...]
ATR and partners try to deliver “The Perfect Flight” for eco-aviation
ATR and partners have been working together to deliver what normally is a typical day to day flight between Halmstad City airport to Stockholm Bromma airport into a "Perfect Flight’" that focuses on reducing carbon emissions. Braathens Regional Airlines ATR 72-600, Image, ATR The "perfect flight" brought together ATR Aircaft, Braathens Regional Airlines, Air BP and … [Read more...]
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