Italian airline Alitalia says it is considering buying a 49 percent stake in Air Malta.
Alitalia, which is controlled by Abu Dhabi carrier Etihad Airways, signed a memorandum of understanding Wednesday with the Maltese government to launch due diligence on a possible deal. Alitalia CEO Cramer Ball said any deal would not hurt Alitalia’s three-year re-launch, which includes the goal of returning to profit by 2017.
Malta tourism minister Edward Zammit Lewis said Air Malta will cease talks with other airlines, and that financial details of a possible deal are still to be determined. No deadline has been set.
Loss-making Air Malta is in the last year of a five-year restructuring plan agreed with the European Commission in return for approval of 130 million euros in state aid.
A Discover Airlines Airbus A330 has become the first Airbus aircraft worldwide to enter regular commercial service after undergoing a full-scale AeroSHARK retrofit, marking a signi...
Bristow Group Inc., in partnership with Electra, Avinor and the Norwegian Civil Aviation Authority (CAA Norway), will undertake a series of demonstration flights across five locations in Norway using...
BPE Air, the aviation company founded and wholly owned by entrepreneur Aldrew Crowe, reported approximately US$90 million in revenue in 2025, marking a major milestone in the growth of its integrated...
Airbus 2026 Cargo Global Market Forecast, unveiled at the Cargo Facts Symposium, predicts that the global fleet of dedicated freighter aircraft will expand by 46%, rising from 2,360 aircraft in 2026 t...
