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Seoul Incheon) and EVA Air (BR, Taipei Taoyuan) submitted Letters of Intent (LOI) earlier in the year, they have since withdrawn from the race the sources added.
Lufthansa Technik Philippines, the joint venture between Lufthansa Technik and the MacroAsia Corporation, is significantly expanding its footprint in the Philippines with a new base maintenance facili...
High Flying Hangars celebrated the groundbreaking event at its development now in progress at the Frederick Municipal Airport in Maryland (KFDK). Frederick City Mayor Michael O’Connor; Airport M...
Textron Aviation will return to the Farnborough International Airshow with a Cessna SkyCourier on static display, giving global customers and media an up‑close look at the aircraft’s e...
ExecuJet MRO Services Malaysia announced new apprenticeship programme, aimed at developing the next generation of aircraft maintenance professionals, has produced its first batch of qualifie...
