Lufthansa Group, the parent company of several major European airlines, is preparing to unveil a new restructuring initiative titled “Matrix Next Level.” The project is aimed at simplifying the Group’s corporate structure, streamlining operations, and enhancing managerial efficiency across its portfolio of carriers.
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Vietjet (Vietnam) has successfully issued seven bonds in 2024, amounting to a total face value of $433 million. Each bond carries a 60-month term and offers an 11% annual interest rate, reflecting the company’s strategic move to bolster its financial foundation and support future growth initiatives.
TransNusa (Indonesia) has launched a new international route connecting Manado, Indonesia, with Honiara, Solomon Islands. This inaugural service began on December 19, 2024, and marks a milestone for TransNusa as it strengthens its regional connectivity.
Korean Air and Asiana Airlines are optimistic about receiving European Union (EU) regulatory approval for their merger by early November 2024.
China Southern Airlines, one of China’s largest carriers, has announced plans to conduct in-depth research on strategic cooperation, investment, and M&A (mergers and acquisitions) opportunities with small and medium-sized airlines. This initiative reflects China Southern’s strategy to expand its market influence and enhance its network by potentially partnering with or acquiring smaller carriers. Through this strategic evaluation, China…
StarLux Airlines, the Taiwan-based premium carrier, is reportedly close to placing an order for nearly 12 Airbus A350-1000 aircraft in a deal valued at approximately $4 billion. This move would represent a significant investment in the airline’s long-haul growth ambitions, further positioning it as a key player in transpacific and intercontinental markets.
Southwind Airlines, a Turkish carrier, has recently expanded its narrowbody fleet with the acquisition of two Airbus A321 aircraft, formerly operated by Armenian Airlines. The jets bear serial numbers 3106 and 5282, adding to Southwind’s growing capacity in the single-aisle segment.
