Reading Time: < 1 minute The Council of Ministers has approved the injection of 111 Million Euros of public funds to the regional airline Air Nostrum. The operation, approved just a week ago by the SEPI’s Fund’s Management Board, will be channeled through a participative loan. The president of Air Nostrum, Carlos Bertomeu, sees this temporary aid as very positive, […]

Reading Time: < 1 minute Air Nostrum and CityJet have signed a Heads of Terms with the aim to bring about closer co-operation between the two airlines under the umbrella of a new holding company. Such a development will be subject to obtaining the requisite regulatory approvals and the preparation of the relevant filings has begun. The coming together of […]