Delta Air Lines and Korean Air have jointly acquired a 25% stake in WestJet for $550 million, enhancing global connectivity. Delta purchased a 15% stake for $330 million, while Korean Air acquired 10% for $220 million, from Onex Partners. This …
JetBlue Airways has sold its investment division, JetBlue Ventures, to SKY Leasing to focus on its core airline operations. Announced on May 5, 2025, this strategic move aims to enhance profitability amid rising competition from legacy carriers. JetBlue Ventures, founded …
The Indian Navy will acquire 26 Rafale-M fighter aircraft from France in a historic deal worth ₹63,000 crore, marking the first major upgrade to its fighter fleet in over a decade. This includes 22 single-seater and 4 double-seater trainer aircraft, …
AviLease, a Saudi-owned aircraft lessor, has finalized a long-term agreement to lease eight Airbus A320neo aircraft to Turkish Airlines, marking a significant step in their fleet modernization and sustainability efforts. Announced on April 7, 2025, two aircraft have already been …
The Air France-KLM Group has proposed acquiring a controlling 51% stake in Spanish airline Air Europa for €300 million, positioning itself against Lufthansa Group, which previously sought a 25% stake. The Hidalgo family, Air Europa’s largest shareholders, is considering the …
Norwegian Airlines has announced an agreement to purchase 10 Boeing 737-800 aircraft, enhancing its fleet and operational capabilities. This decision, disclosed on March 3, 2025, aims to improve financial flexibility and reduce ownership costs. The airline expects recurring annual savings …
Lufthansa Group Airlines plans to enhance its control at Munich Airport by acquiring full ownership of Swissport Losch GmbH & Co. KG’s operations, currently co-owned with Swissport Cargo Services. This strategic move aims to improve service reliability and operational efficiency, …
British Airways (BA) has acquired Boeing’s maintenance, repair, and operations facility at London Gatwick Airport to enhance its operational efficiency. This new facility, named British Airways Engineering Gatwick (BAEG), aims to integrate Boeing’s skilled workforce into BA’s operations by the …
FlyDubai is considering launching a new domestic airline in India by partnering with Busy Bee, which is negotiating to acquire Go First Airways, recently declared bankrupt. Busy Bee aims to secure Go First’s trademarks and licenses, offering around ₹1,000 crore …
Southwest Airlines is exploring the acquisition of another US carrier, as indicated by board member Chris Click on February 14, 2025. This speculation has reignited merger discussions that began in early 2024, with JetBlue and Breeze Airways emerging as potential …
