Air France-KLM and Apollo sign a definitive agreement for a EUR 500 million investment into an ad hoc operating affiliate of Air France owning spare engines

Air France-KLM and Apollo Global Management (NYSE: APO) announced the signing of a definitive agreement for Apollo-managed funds and entities to make a EUR 500 million investment into an ad hoc operating affiliate of Air France that will own a pool of spare engines dedicated to the airline’s Engineering and Maintenance activities. Under this agreement, […]

Frontier Airlines and Spirit Airlines Announce Amended Merger Agreement

Spirit Airlines, Inc. («Spirit» or the «Company») (NYSE: SAVE) and Frontier Group Holdings, Inc. («Frontier») (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., announced an amendment to their previously announced merger agreement dated February 5, 2022. Under the terms of the amended merger agreement, which has been unanimously approved by the boards of directors of […]

JetBlue and Icelandair expand codeshare alliance

JetBlue Airways has expanded its codeshare agreement with Iceland’s flag carrier Icelandair to facilitate connections between Europe and North America for travellers. Passengers can now book the new codeshare flights from the website of JetBlue. The current codes of JetBlue on Icelandair provide direct flights between New York’s John F Kennedy (JFK) Airport, Newark’s Liberty […]

Australia Post and Qantas Freight renew agreement to support Ecommerce growth

Australia Post and Qantas have today announced an expanded domestic and international air freight agreement to support the growing demand for parcels. Marking nearly a century of partnership between the two brands, it will benefit online shoppers and businesses across Australia by increasing capacity and providing greater network flexibility to meet customer expectations. The seven-year […]

Mexico, Canada to sign aircraft maintenance agreement

Mexico will sign an agreement with Canada this month to provide maintenance for Canadian planes, an air force general announced. Rodolfo Rodríguez Quezada said the agreement will create new jobs in Mexico and bring a significant amount of foreign investment into the country. The deal will be inked during the Mexico Aerospace Fair (Famex), which […]

US and Argentina sign new aviation safety bilateral

The US and Argentina signed a new bilateral aviation safety agreement Nov. 30 during the G20 summit in Buenos Aires, FAA announced. The agreement, which replaces an accord the two countries signed in 1989, allows FAA and Argentina’s National Civil Aviation Administration (ANAC) to increase collaboration on airworthiness certification of civil aviation products and in […]

Low-cost airline Norwegian rejects two takeover bids from IAG

LOW-cost carrier Norwegian Air Shuttle (NAS) has rejected two takeover offers from British Airways owner International Airlines Group (IAG). Norwegian’s board unanimously rejected the «conditional proposals» on the basis that they «undervalued NAS and its prospects», it said in a statement. The board «remains fully committed to delivering on its stated strategy», it added. IAG […]