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Aerolíneas Argentinas Considers Acquisition by Delta and Avianca Consortium

Rumors have surfaced regarding Aerolíneas Argentinas potentially being acquired by a consortium involving Delta Air Lines from the United States and Avianca of Colombia. The Argentine government, which holds a stake in Aerolíneas Argentinas, is reportedly weighing a purchase proposal put forth by the two airlines, suggesting potential international expansion for the Argentine carrier under new ownership. This rumored deal,…

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Lilium N.V. Receives Nasdaq Delisting Notice Amid Subsidiary Insolvency Proceedings

Lilium N.V., a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has announced that it received a written notice from the Nasdaq Listing Qualifications Department on October 28, 2024. This notice follows the insolvency applications of Lilium GmbH and Lilium eAircraft GmbH, the company’s principal operating wholly-owned German subsidiaries, filed in the…