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Air Tahiti Nui Seeks New Shareholder or Partner for Turnaround Strategy

ByAdmin

Air Tahiti Nui is exploring new partnership opportunities to strengthen its financial position and support a company-wide turnaround strategy. CEO Moetai Brotherson is actively seeking either a shareholder or strategic partner, with advanced negotiations currently underway with one party that could potentially provide aircraft and capital investment. This strategic search comes at a critical time,…

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Pakistan Receives Single Bid for PIA Stake in Privatization Push

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Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…

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Fly Modern Ark Offers Financial Support to Linhas Aéreas de Moçambique Amid Financial Strain

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Fly Modern Ark, a South African aviation investment firm, has identified a need for more than €9 million to support the financial and operational recovery of Linhas Aéreas de Moçambique (LAM). The proposed investment aims to address immediate cash flow challenges and establish a sustainable path forward for Mozambique’s national airline. Having previously collaborated with…