International Airlines Group has formally notified the European Commission regarding its plans to acquire UK operator BMI from Germany's Lufthansa.
The Commission, on its mergers database, stated that the notification had been submitted on 10 February. It gave a provisional deadline for the decision of 16 March.
IAG, the parent of British Airways, has been hoping to secure approval for the acquisition by the end of March.
Source: Air Transport Intelligence news
AirAsia Aviation Group has appointed its co-founder and former chief executive Tony Fernandes as advisor and steward, as the deadline for merger negotiations with associate unit AirAsia X draws close.
Hawaiian Holdings, parent of Hawaiian Airlines, lost $138 million in the first quarter of 2024, though the company’s chief executive says incoming Boeing 787s and a new freighter operation are putting Hawaiian on track toward profitability.
US carrier JetBlue Airways lost $716 million in the first quarter as “significant elevated capacity” in Latin America and on domestic routes cut into the already-struggling airline’s performance.
