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Sono Group Accelerates T’way Air Management Acquisition

Sono Group (South Korea) is fast-tracking its efforts to gain management control of T’way Air, positioning itself as the carrier’s largest shareholder. The move aligns with Sono Group’s broader strategy to establish a resort-linked airline, with a potential inclusion of Air Premia into its portfolio.

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IAG Pledges Lisbon Hub Development If It Acquires TAP

IAG (UK) has made a significant commitment to developing a hub in Lisbon if it successfully acquires TAP Air Portugal. This pledge highlights IAG’s intention to enhance the operational capabilities of TAP while strengthening Lisbon’s position as a key aviation hub in Europe. TAP Air Portugal has long been a crucial player in connecting Europe with South America and…

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ITA Airways Chairman Awaits Lufthansa Group Acquisition Approval

ITA Airways (Italy) chairman Antonino Turicchi has expressed optimism that the airline will secure final approval for its acquisition by Lufthansa Group (Germany) from the European Commission (EC) before the end of 2024. This approval marks a critical step in solidifying Lufthansa’s stake in the Italian national carrier.