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Seoul Incheon) and EVA Air (BR, Taipei Taoyuan) submitted Letters of Intent (LOI) earlier in the year, they have since withdrawn from the race the sources added.
The Civil Aviation Authority of Singapore has awarded Thales a landmark contract to develop a new NexGen Air Traffic Management System (ATMS) and air traffic control radars, marking a major step towar...
Textron Aviation achieved a key milestone as the Cessna Citation CJ3 Gen3 prototype aircraft completed its first flight, advancing the next-generation light jet toward certification. With th...
Diamond Aircraft concluded a successful week at EAA AirVenture Oshkosh 2026, where it showcased a comprehensive flight-training and private aviation lineup comprising the DA62, DA50 RG, DA42-VI, DA40...
Gulfstream G700 set a new Los Angeles to Farnborough, England, city pair speed record, completing the 4,740-nautical-mile/8,778-kilometer journey in 8 hours and 27 minutes from takeoff to touchdown. T...
