Tag: cooperation

Lufthansa Cargo and Brussels Airlines Cargo Start Close Cooperation

Lufthansa Cargo and Brussels Airlines Cargo start close cooperation and the marketing of Brussels Airlines’ (SN) cargo capacities. The network of both companies complements each other perfectly. The new cooperation gives Brussels Airlines Cargo customers easy access to Lufthansa Cargo’s worldwide route network with around 300 destinations in over 100 countries. For Lufthansa Cargo customers, […]

Qatar Airways to Buy a 25% Stake in Moscow’s Vnukovo Airport

Qatar Airways has bought a 25 per cent stake in one of Moscow’s largest airports for an undisclosed sum as the company attempts to overcome the Gulf blockade of the emirate. This reported by Financial Times. Akbar Al Baker, chief executive of Qatar Airways, said on Monday that the airline expected the deal on Vnukovo […]

Etihad Denies Plans to Sell Jet Airways Shares

Abu Dhabi’s Etihad Airways has rejected claims that it will sell its 24 percent stake in Jet Airways by Q3 2019, calling the Indian airline a “valuable partner.” The Etihad statement comes in response to a recent report from aviation consultancy CAPA, which on Thursday also tweeted that “CAPA research indicates Etihad may divest its […]

Alaska and Virgin America Granted Single Operating Certificate by FAA

Alaska Airlines and Virgin America have been granted a single operating certificate by FAA, a key milestone in the integration of the two carriers. Seattle-based Alaska Air Group, parent of Alaska Airlines, acquired San Francisco-based Virgin America for $2.6 billion in cash and $1.4 billion in assumed debt in late 2016. Alaska cautioned that passengers […]

Emirates Chief Sees ‘Value’ in Working Closer with Etihad

The head of Emirates reportedly said on Wednesday that he sees “value” in working more closely with UAE-based rival Etihad Airways. President Tim Clark was quoted as saying by Reuters that he is open to cooperation with Etihad on areas including procurement, but he added that a full merger was “unlikely”. “I think there is […]

Delta Purchases 10% Stake In Air France-KLM

Delta Air Lines is deepening its longstanding and industry-leading partnership with Air France-KLM Group with a €375 million investment to acquire 10 percent equity in the joint venture partner and a seat on the Air France-KLM Group Board of Directors. Additionally, Delta, Air France-KLM and Virgin Atlantic will launch a combined long-term joint venture, supported […]

Delta And Korean Air Create Leading Trans-Pacific Joint Venture

Delta Air Lines and Korean Air have reached an agreement to create a leading trans-Pacific joint venture in both scope and service, offering an enhanced and expanded network, industry-leading products and service and a seamless customer experience between the U.S. and Asia. The agreement deepens their historic partnership, which spans nearly two decades. ​ Delta […]

American Inks Deal For $1.6 Billion Investment At LAX

American Airlines and the Los Angeles World Airports (LAWA) announced that American would continue its investment at LAX, committing more than $1.6 billion over the next 15 years. The investment will go toward improvements of Terminals 4 and 5. American’s letter of intent sets the framework for negotiation of a new 15-year lease agreement and […]

Aeroflot To Sign A Contract For 50 MC-21 Airliners

The United Aircraft Corporation (UAC) plans to sign a firm contract with Russia’s flagship airline Aeroflot this year for the delivery of 50 MC-21 medium-haul airliners, said UAC President Yuri Slyusar. “I can’t tell you exactly so far about a firm contract for the MC-21 [signing at the MAKS airshow outside Moscow]. But we’ll surely […]

India And Russia Strengthen Bilateral Cooperation In Aviation

India and Russia agreed to strengthen bilateral cooperation in the aviation sector by setting up joint ventures in the field of manufacturing, as India is set to become the third largest global aviation market by 2020. “The Regional Connectivity Scheme of the government of India provides an opportunity for strengthening cooperation in joint production and […]