Delta Air Lines said last week it listened to a presentation by US Airways on that company’s $8.5 billion takeover offer for Delta, but repeated earlier statements that it intends to emerge from bankruptcy as a stand-alone carrier.
Italy plans to put half of its controlling stake in Alitalia up for sale early next year, opening the way for new owners to try to rescue the loss-making airline, officials said.
LIAT and Caribbean Star, the two Caribbean-based airlines involved in negotiations to join forces and create a single carrier, report that joint discussions, which began in earnest about a month ago, are moving forward, according to each carrier’s CEO.
Air France KLM reported quarterly operating earnings up 7.8 percent to €568 million and increased its merger synergy targets as it remained confident on full-year earnings.
Italian Prime Minister Romano Prodi said in a newspaper interview he harbors many doubts about a possible tie-up between Air France KLM and Italian carrier Alitalia.
Mexican officials said last week the country will sell its 48 percent stake in airport operator Grupo Aeroportuario del Centro Norte via a global initial public offering that could rise up to $345 million.
The sale will end the privatization of the operator of 13 airports in northern and central Mexico, including the one serving Monterrey, the country’s third-largest city.