Etihad Airways, the national carrier of the United Arab Emirates (UAE), is preparing for a potential Initial Public Offering (IPO) in the first quarter of 2025. The airline plans to offer around 20% of its stake to investors, with projections suggesting the IPO could raise approximately $1 billion.
Rex (Australia) has completed the sale of Air Partner’s (UK) 50% shareholding in National Jet Express (NJE) to entities controlled by the remaining shareholders of NJE. The proceeds from this transaction will be utilized by Rex to repay secured debt, contributing to its financial stabilization.
Italy’s Treasury has temporarily suspended the sale of a 41% stake in ITA Airways to Lufthansa due to a price disagreement between the two parties. The deal, originally announced in May 2023, stipulated that Lufthansa would acquire the stake for €325 million, marking a strategic move to strengthen its position in Southern Europe. However, Lufthansa…
