Temasek has formally denied a media report claiming that it is in talks to acquire a majority stake in Kenya Airways, dismissing speculation surrounding a potential strategic investment in the African airline.
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TransVerde Airlines, a new carrier in Cabo Verde, is actively seeking $15 million through a mix of equity and debt financing to fund the launch of its domestic passenger and cargo operations. The airline, led by founder and president Rui Lima, plans to operate with three leased ATR42/72 aircraft. Brookfield Aviation Finance from the UK is advising TransVerde on securing the necessary funding, which will…
Lufthansa has reached an agreement to acquire three Boeing B787-9 Dreamliners that were originally manufactured for Norwegian but remained undelivered. The aircraft, identified by serial numbers 63350, 63348, and 63349, have been stored for several years after Norwegian underwent a restructuring and cancelled several aircraft orders.
Etihad Airways Launches First-Ever Middle East–Luxembourg Route, marking a historic milestone as the first airline from the Middle East to serve Luxembourg with nonstop flights. The new service will connect Abu Dhabi and Luxembourg directly from 29 October 2026, strengthening air links between Europe and the Gulf region.
Scandinavian Airlines has entered negotiations with both Boeing and Airbus for a major widebody aircraft order, with deliveries targeted for the late 2020s and early 2030s. The potential acquisition forms part of the airline’s post-restructuring strategy to expand long-haul capacity and reinforce Copenhagen’s position as a primary intercontinental hub.
Oman Air has received a new Boeing 787-9 Dreamliner, bearing manufacturer serial number (MSN) 60315, in a move that further reinforces its premium long-haul fleet. The aircraft is powered by General Electric GEnx-1B engines, supporting the airline’s commitment to operating a modern and fuel-efficient widebody fleet.
Air China has released a profit warning ahead of its first-half 2025 financial results, indicating that the airline anticipates a net loss between US$237 million and US$306 million. The forecast underscores continuing pressures on China’s flag carrier amid a difficult operating environment marked by increased fuel costs, competitive pricing, and a slower-than-expected international market recovery.
