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Seoul Incheon) and EVA Air (BR, Taipei Taoyuan) submitted Letters of Intent (LOI) earlier in the year, they have since withdrawn from the race the sources added.
NOEMI Aerospace secured 3 million Euros from Innovation Norway to support the flight test programme for its electric amphibious aircraft, advancing what could become the world's first certified el...
Embraer announced Phenom 300EV, the latest evolution of the world’s best-selling light jet for 14 consecutive years. The aircraft is now updated with intuitive safety technology, including...
Lufthansa Airbus A340-300, named after the city of "Viersen", is celebrating a special anniversary: When the long-haul jet is scheduled to operate flight LH405 from New York to Frankfurt fro...
Airportr partnered with Edinburgh Airport and easyJet to bring the Airportr service to passengers departing from one of the UK's busiest and fastest-growing airports. Available in time for th...