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The South Africa tourism industry is supporting a bid from Durban for the 2020 or 2024 Summer Olympic Games.
American Airlines with its partner Fort Worth-based TPG could invest more in the financially-struggling Japan Airlines than the $1.1 billion it has already proposed.
PRAGUE - The lone bidder for loss-making Czech Airlines offered 1 billion crowns ($58.3 million) for the state carrier on Wednesday, but attached strings that may make the deal unacceptable for the go
Southwest Airlines Co.'s bid to acquire smaller rival Frontier Airlines Holdings Inc. has hit turbulence after pilots from the two carriers failed to quickly clinch a deal over seniority rights.
Southwest Airlines Co. said Thursday it is preparing a $113.6 million bid to purchase Frontier Airlines as part of a U.S.
FRANKFURT — The leading German airline, Lufthansa, has officially declared interest in buying part of troubled Austrian Airlines, a spokesman told AFP on Monday.
MADRID - Airline Iberia said on Thursday it would bid for Spain's second-biggest carrier, unlisted Spanair, which Scandinavia's SAS put up for sale last year.The Spanish flag carrier said it would make an offer with Spain's Gestair, a privately owned leasing firm that rents planes and crew to Iberia among others.
PRAGUE - US investment group Odien, which recently bought the oldest Czech travel agency Cedok, said it is interested in the privatisation of Czech state airline CSA, daily Pravo reported.Pravo reported, without citing sources, that China Southern airline is also interested in the privatisation, which is not expected to take place until next year.