The International Finance Corporation (IFC), the World Bank unit tasked by the Croatian government to find a suitable partner for Croatia Airlines (OU, Zagreb), has located three firms willing to invest in the airline.
According to EX-YU Aviation News, sources close to the privatization process told the Večernji list newspaper that the firms include Lufthansa (LH, Frankfurt Int'l), Turkish Airlines (TK, Istanbul Atatürk), and Aegean Airlines (A3, Athens Int'l). Though Korean Air (KE, Seoul Incheon) and EVA Air (BR, Taipei Taoyuan) submitted Letters of Intent (LOI) earlier in the year, they have since withdrawn from the race the sources added.
For more than twenty-five years, Jetfly has been developing its Shared Ownership Program, focusing in particular on the Pilatus PC-12, a turboprop aircraft renowned for its versatility, reliability, a...
U.S.-based aircraft management, fractional ownership, jet cards, and charter services operator Airshare is equipping its fleet of Embraer Phenom 300s with the Gogo Galileo HDX system. The up...
ExecuJet MRO Services Australasia is expanding its Falcon maintenance capability in Sydney, with new investments in specialist tooling, training and technical resources to support upcoming Falcon 7X h...
While the geopolitical situation contributed to economic uncertainty in Q1, market fundamentals remained healthy. The quarter showed strong demand for business aviation, reflected in increasing aircra...
