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…
UK reveals design of its next-generation combat air flying demonstrator | News
A first image has been released depicting the UK’s combat air flying demonstrator, as component…
Warsaw’s secondary airport will be first in Poland to have remote digital tower
Warsaw’s secondary Modlin airport is to be equipped with a digital control tower which will…
PIA preparing return to UK operations after five-year restriction lifted
UK restrictions on Pakistan International Airlines have been lifted after five years, according to the…
BAE hails APKWS rocket test success from uncrewed quadcopter | News
BAE Systems has demonstrated the performance of its APKWS laser-guided rocket during test firings involving…
Germany’s Condor orders another four A330-900s
German leisure carrier Condor has ordered another four Airbus A330-900s, taking its overall fleet of…
General Atomics to build European variant of YFQ-42A uncrewed fighter jet through German partnership
Uncrewed aircraft manufacturer General Atomics Aeronautical Systems (GA-ASI) plans to offer a European-made variant of…
Embraer launches A-29N flight-test campaign for Portugal | News
Embraer has launched a flight-test campaign with the first A-29N turboprop to have been produced…
Wizz Air axing Abu Dhabi venture after struggling with operational and political obstacles
Budget carrier Wizz Air is suspending operations with its United Arab Emirates venture, Wizz Air…
No survivors from Zeusch King Air take-off crash at Southend
None of the four occupants on a Zeusch Aviation Beechcraft B200 King Air survived a…
Air Canada deepens ties with future Star Alliance carrier ITA Airways | News
ITA Airways has formed a codeshare partnership with Air Canada as part of the Italian…