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Portuguese President Signs Off On TAP Air Portugal Privatization

Portuguese President Signs Off On TAP Air Portugal Privatization

The process to privatize the Portuguese flag carrier has officially begun, and numerous bidders are already interested.

Paul Hartley 11 months ago
Why Europe Has The Most Privatized Airports In The World

Why Europe Has The Most Privatized Airports In The World

Privatization of airports allows them to focus heavily on financial viability.

Aaron Bailey 1 year ago
Aerolineas Argentinas Downsizes Network & Staff Numbers In Advance Of Privatization

Aerolineas Argentinas Downsizes Network & Staff Numbers In Advance Of Privatization

The Argentinian flag carrier is facing big changes ahead of privatization including the firing of over 10% of its employ...

Adam Schupak 1 year ago
South African Airways Seeks Its 5th CEO In The Last 5 Years After Sale Deal Collapses

South African Airways Seeks Its 5th CEO In The Last 5 Years After Sale Deal Collapses

South African Airways is looking to appoint a permanent executive team.

Tatenda Karuwa 2 years ago
Air France-KLM Group To Acquire Non-Controlling Stake In SAS

Air France-KLM Group To Acquire Non-Controlling Stake In SAS

SAS will now become a private company after a consortium led by a US private equity firm won the bid.

Pranjal Pande 2 years ago
IAG's CEO Is Still Interested In Buying TAP Air Portugal

IAG's CEO Is Still Interested In Buying TAP Air Portugal

The airline group already had several flag carriers but would be open to investing if the conditions were right.

Jonathan E. Hendry 2 years ago
Government To Approve TAP Air Portugal Privatisation Plan This Month

Government To Approve TAP Air Portugal Privatisation Plan This Month

TAP Air Portugal's partial privatization is still on track. Read on for why three airline groups are interested in the ...

Joe Kunzler 2 years ago
Pakistani Aviation Minister Says PIA Could Suffer Nearly $1 Billion In Losses By 2030

Pakistani Aviation Minister Says PIA Could Suffer Nearly $1 Billion In Losses By 2030

PIA must privatize to avoid massive losses and to alleviate its debts, according to Pakistan's Aviation Minister.

Matthew Austin Ryan 2 years ago
Competition Tribunal Conditionally Approves South African Airways Part Privatization

Competition Tribunal Conditionally Approves South African Airways Part Privatization

The merger has been approved with divestment conditions set.

Tatenda Karuwa 3 years ago
TAP Air Portugal Is Now Expected To Be Privatized In 2024

TAP Air Portugal Is Now Expected To Be Privatized In 2024

It's still unknown as to what percentage the government intends to sell off.

Charlotte Seet 3 years ago
Will Tata Invest In SriLankan Airlines?

Will Tata Invest In SriLankan Airlines?

The rumor mills have been working overtime lately.

Devansh Mehta 3 years ago
South African Airways Semi-Privatization Deal To Be Complete In 4 Months

South African Airways Semi-Privatization Deal To Be Complete In 4 Months

A deal that has been extended over a long period may be finalized within four months.

Tatenda Karuwa 3 years ago
TAP Air Portugal Reports $70 Million Yearly Net Profit

TAP Air Portugal Reports $70 Million Yearly Net Profit

Currently undergoing a restructuring process, the airline has returned to profit ahead of forecasts.

Luke Peters 3 years ago
Italian Government To Inject €400 Million Into ITA Airways

Italian Government To Inject €400 Million Into ITA Airways

The investment from public funds comes as the airline resumes takeover negotiations.

Steven Walker 3 years ago
ITA Airways' President Resigns Over Partnership Negotiation Disputes

ITA Airways' President Resigns Over Partnership Negotiation Disputes

The airline's board revoked Altavilla's powers a few weeks ago, which led to his resignation.

Lukas Souza 3 years ago
ITA Airways To Reopen Lufthansa Talks As France-KLM Exclusivity Ends

ITA Airways To Reopen Lufthansa Talks As France-KLM Exclusivity Ends

The new government is reportedly seeking a strong industrial partner rather than a purely financial investment.

Linnea Ahlgren 3 years ago
Air France-KLM Group Is Interested In Stake Of TAP Air Portugal

Air France-KLM Group Is Interested In Stake Of TAP Air Portugal

Two years after taking ownership of TAP, the Portuguese government wants to sell.

Lukas Souza 3 years ago
Sri Lanka To Push Ahead With National Airline Privatization

Sri Lanka To Push Ahead With National Airline Privatization

Parts of SriLankan Airlines’ catering and ground handling operations may soon be up for sale.

Steven Walker 3 years ago
Sri Lanka Proposes Privatizing Its National Airline

Sri Lanka Proposes Privatizing Its National Airline

As part of a proposed "special relief" budget, the government is looking to privatize SriLankan Airlines due to signific...

Molly Russell 4 years ago
South African Airways To Be Sold To The Takatso Consortium

South African Airways To Be Sold To The Takatso Consortium

The South African government is moving forward with the sale of SAA to the Takatso Consortium.

Devansh Mehta 4 years ago