The sale of AirAsia's aircraft leasing arm, Asia Aviation Capital (AAC), should be closing now, but there are few signs that it is moving forward especially at the $1 billion price level it was supposedly offered for it last June.

Delta Air Lines and Korean Air have finally tied the knot, with their respective chiefs signing a long-expected joint venture agreement in Los Angeles on 23 June.

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Qatar Airways surprised many with the disclosure that it plans to make an unsolicited investment of up to 10% in American Airlines.

American Airlines has received a notice that Qatar Airways plans to acquire a 10% stake in the US legacy carrier, in what appears to be an unsought investment.