Airline Ownership - AviaExchange.com

Tire Bank Acquires Control Of Air Premia

ByAdmin 03/05/202503/05/2025

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.

Airlines | IPO | Management

SAS Considers IPO as a Path to Public Listing

ByAdmin 04/12/202405/12/2024

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.

Airlines | Flag Carrier | Privatization

TAP Privatization Attracts Interest from Former Owner Humberto Pedrosa

ByAdmin 20/11/202422/11/2024

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.