German flag-carrier Lufthansa has formally notified European Commission regulators over its planned acquisition of a controlling stake in UK airline BMI.
The European Commission has given a provisional deadline of 14 May to rule on the takeover.
Its records show that Lufthansa put forward its formal notification on 3 April. Lufthansa's acquisition will increase its share in BMI to 80%.
Source: Air Transport Intelligence news
Malaysia’s Capital A has divested its aviation business in Southeast Asia to associate AirAsia X, in a deal valued at around MYR6.8 billion ($1.4 billion).
Lufthansa revealed the first aircraft equipped with its new “Allegris” cabin updates on 25 April, more than a year late owing to supply chain and airframer delays.
American Airlines executives point to positive material changes as the year progresses from its loss-making first quarter as reasons why it remains optimistic of meeting its full-year financial targets.
