Turkish Airlines has disclosed that it is exploring a potential investment in Spanish carrier Air Europa, although details remain vague.
It states that it “continuously evaluates growth opportunities” in order to “strengthen its position” and “enhance its competitiveness”.
“Non-binding discussions are being held to assess the investment opportunity in Air Europa and to explore potential partnership synergies,” it adds.
No details have been given on the scale or nature of any possible investment.
The Spanish carrier is a member of the SkyTeam alliance.
Air Europa has previously been the subject of unsuccessful acquisition attempts by IAG, the parent of Oneworld carriers including British Airways and Iberia.
Source link
Turkish Airlines has disclosed that it is exploring a potential investment in Spanish carrier Air Europa, although details remain vague.
It states that it “continuously evaluates growth opportunities” in order to “strengthen its position” and “enhance its competitiveness”.
“Non-binding discussions are being held to assess the investment opportunity in Air Europa and to explore potential partnership synergies,” it adds.
No details have been given on the scale or nature of any possible investment.
The Spanish carrier is a member of the SkyTeam alliance.
Air Europa has previously been the subject of unsuccessful acquisition attempts by IAG, the parent of Oneworld carriers including British Airways and Iberia.
Source link
Share This:
admin
Plan the perfect NYC Memorial Day weekend
Pack only what you need and avoid overpacking to streamline the check-in and security screening…
LA’s worst traffic areas and how to avoid them
Consider using alternative routes, such as Sepulveda Boulevard, which runs parallel to the 405 in…
Sokol plant initiates duplicate assembly line for MC-21 aft fuselage section
Assembly of aft fuselage sections of the Yakovlev MC-21-310 has commenced at the Sokol plant…
KLM prepares to start A350 pilot training after installation of simulator
Dutch carrier KLM has commissioned the Netherlands’ first Airbus A350 simulator, in preparation for the…
Boeing hands over first P-8A Poseidon maritime patrol aircraft for German navy fleet renewal
Boeing has handed over the German navy’s first P-8A Poseidon to Berlin’s BAAINBw defence procurement…
Honeywell advances 1MW hydrogen fuel cell powertrain testing under EU Clean Aviation NEWBORN project
Honeywell hopes that by year-end subsystem tests will be ongoing at multiple locations as an…
Air Europa timeline for 737 Max deliveries shifts
Spanish carrier Air Europa is aiming to build a fleet of 20 Boeing 737 Max…
US approves $1.23bn sale of 400 AIM-120D-3 AMRAAM missiles to Germany for F-35A fleet
The US government has cleared the possible sale of up to 400 Raytheon AIM-120D-3 Advanced…
Norwegian firms options on 30 more 737 Max jets but adjusts delivery schedule
Scandinavian budget carrier Norwegian is exercising options to purchase 30 more Boeing 737 Max 8…
Turkish Airlines orders up to 75 787s and nears 150-jet Max deal
Turkish Airlines has decided to purchase up to 75 Boeing 787s, deliveries of which will…
Nouvelair A320 approached wrong runway before overflying departing EasyJet aircraft
French investigators have disclosed that a Nouvelair Airbus A320 had aligned for approach to the…
Weak procedures contributed to Dash 8 crew’s forgetting to set altimeter before terrain alert
Norwegian investigators have determined that weak altimeter procedures resulted in a Wideroe De Havilland Dash…