Petro Air, a Libyan aviation company, has announced plans to establish a new airline subsidiary named Libyan Oil Wings, formed through a joint venture with Harmony Group (Malta) and Delta United Group (Libya). The venture is strategically aimed at serving the energy and oil sector, which constitutes a critical part of Libya’s economy and transportation demand.
LATAM Airlines Group and Delta Air Lines have officially announced the expansion of their trans-American joint venture (JV) to include Argentina. This integration marks a significant milestone in the partnership, aiming to further consolidate the connectivity between North and South America through coordinated operations, schedules, and commercial efforts.
Air China and Cathay Pacific have established a New Framework Agreement to expand collaborative transactionsand deepen their strategic relationship. The agreement aims to extend cooperation beyond traditional codeshare and interline partnerships to include a broader scope involving their 30%-controlled corporations and shared ventures.
Qatar Airways Cargo, IAG Cargo of the UK, and MAB Kargo of Malaysia have jointly announced plans to establish a Global Cargo Joint Business, subject to regulatory approvals. The alliance aims to enhance service offerings, expand global reach, and optimize capacity across the networks of the three cargo operators.
Allegiant Air (US) and Viva (Mexico) have formally submitted a renewed motion to the US Department of Transportation (DOT), requesting an expedited reinstatement of the procedural schedule to review their joint application. The airlines are seeking approval and antitrust immunity for their previously announced alliance agreements covering US-Mexico air services.
Delta Air Lines and LATAM Airlines Group are preparing to integrate Argentina into their existing trans-American joint venture, a move that is still subject to regulatory approval from the Argentine authorities. This expansion would mark a significant enhancement of their collaborative network in South America.
Japan Airlines (JAL) has expressed its intention to incorporate Alaska Air Group into its existing trans-Pacific joint venture with US-based American Airlines. Although JAL has clearly indicated this strategic interest, no specific timeline for the inclusion was provided.
Etihad Airways and Ethiopian Airlines have officially established a joint venture partnership, which encompasses a comprehensive codeshare agreement and the launch of new direct flights connecting Abu Dhabi, UAE, with Addis Ababa, Ethiopia, starting in the second half of 2025.
AFI KLM E&M (France) and AAR (US), two major global players in the aviation maintenance, repair, and overhaul (MRO) industry, have announced a strategic partnership to form a joint venture in the Asia-Pacific region. The JV will be headquartered in Chonburi, Thailand, and will specialize in the maintenance and support of nacelles for new-generation aircraft.
EgyptAir Maintenance & Engineering (M&E) is pursuing a strategic joint venture with an undisclosed Middle East-based engine specialist, aligning with the group’s ambitious new five-year strategy. This partnership aims to bolster EgyptAir M&E’s capabilities in engine maintenance, repair, and overhaul (MRO) services while expanding its influence in the Middle East aviation market.
