ETF Airways, a Croatian charter and ACMI airline, has undergone a significant ownership transition as its management team has acquired the shares previously held by the airline’s initial investors. The buyout was led by CEO Stjepan Bedic, who now holds a majority stake in the company, alongside board member Marko Bankovic.
Air Premia, the South Korean hybrid airline, is undergoing a significant ownership change following the announcement that Tire Bank, a South Korean tire distribution and retail group, will assume control of the carrier. Tire Bank, acting through its affiliate AP Holdings, will raise its shareholding in Air Premia to 68% after acquiring an additional 22% stake from existing investors JC Partners and Sono Hospitality.
SAS (Sweden) is exploring the possibility of returning to a publicly listed company through an Initial Public Offering (IPO), according to CEO Anko Van der Werff. This move is being considered in light of Air France-KLM’s current decision to maintain its existing stake in the airline rather than increasing it.
TAP Air Portugal, the nation’s flag carrier, is garnering significant attention ahead of its planned privatization in 2025. Among the interested parties is Humberto Pedrosa, a former shareholder and influential figure in TAP’s history, who has expressed readiness to reinvest in the airline.
