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The Government's minority stake in Caribbean Airlines (CAL), the new parent airline of Air Jamaica, may come with the risk of having to assume more debt, which would contradict the intent of the dives
Not a single passenger turned up to board Air Zimbabwe on Friday.
San Juan - Puerto Rico is seeking permission to privatize operations at its main airport under a federal program meant to finance aviation improvements, officials said.
Greek Prime Minister Costas Karamanlis has welcomed Qatar Airways interest in the privatization of Greece's state-owned Olympic Airlines.
ATHENS: The European Commission on Wednesday approved a Greek government proposal to shut down and sell Olympic Airlines, also ordering the debt-ridden state carrier to pay back €850 million in ille
Serbia has decided to privatize JAT Airways, the Balkan country’s national airline, over the course of the summer. The flag carrier will be officially listed for sale by the end of the month, but the government must first spell out the terms of the privatization contract, which will likely include a clause that would require any potential buyer to preserve the airline’s national status.
Prague, Czech Republic - The Czech government will launch a tender this month for an adviser in the privatization of state-run airline CSA, Prime Minister Mirek Topolanek said Wednesday.Topolanek said the tender could be launched on April 15.