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.
Capital A, the parent company of AirAsia, has taken a major step forward in its corporate restructuring process by issuing a Circular to Shareholders that outlines its Proposed Regularisation Plan. The plan includes a capital reduction of up to $1.3 billion, which aims to facilitate the company’s exit from Practice Note 17 (PN17) status on the Bursa Malaysia stock exchange.
Southwest Airlines has announced that board members Eduardo F. Conrado and Elaine Mendoza will step down in April 2025, finalizing a board restructuring that began in 2024.
Honeywell International (US), a leading industrial conglomerate, is evaluating strategic options for its aerospace business, including the possibility of a separation. This development comes approximately one month after Elliott Investment Management (US), a prominent activist investor, called for the breakup of the industrial giant to unlock shareholder value.
