Albastar (Spain) is in the final phase of its sale process, having opted to sell 100% of the airline rather than pursue a partial equity partnership. The strategic shift comes after the expression of interest (EOI) stage yielded three concrete offers, each reportedly valuing the carrier at approximately US$55 million.
Air Europa (Spain) is actively exploring the possibility of selling up to 25% of its capital as it seeks to secure a strategic investor to navigate ongoing economic pressures. The airline’s board of directors is expected to convene to review potential investor interest and set a framework for the partial divestment, driven by diminishing travel demandand the economic impact of US-imposed tariffs.
Kenya Airways, the flag carrier of Kenya, is currently in the process of seeking a strategic investor to aid in its financial recovery and future growth plans. This search is part of a broader strategy that includes completing a significant capital restructuring and enhancing liquidity to ensure sustainable operations.
airBaltic, the Latvian flag carrier, faces mounting financial pressures as current bond liabilities and rising interest rates threaten its long-term sustainability. According to Klavs Vasks, chairman of airBaltic, a state capital injection may be inevitable unless the Latvian government is willing to fully relinquish its stake to other investors.
