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Turkish Airlines to purchase 20 new jets

ISTANBUL - National flag-carrier Turkish Airlines, which aims to carry 20 percent more passengers in 2010, said on Thursday it would buy 20 planes from U.S.

Carlyle acquires majority stake in CVC Turismo

SAO PAULO - U.S.-based buyout firm Carlyle Group bought 63.6 percent of CVC Turismo, Brazil's largest tourism agency, for an undisclosed amount, as the private equity firm casts about for deals in fas

Brazil’s TAM purchases Pantanal Linhas Aereas SA

SAO PAULO - Brazil's leading airline, TAM SA (TAM), said Monday that it has acquired small local airline Pantanal Linhas Aereas SA for 13 million Brazilian reals ($7.3 million).

Rwandair receives first owned Bombardier CRJ

The Rwandan national airline took delivery earlier in the week of their first "owned" CRJ200 jet, purchased together with a second such aircraft some months ago from Germany’s Lufthansa.

Saudi Sama Airlines to buy 20 planes

Al-Ain, United Arab Emirates - Saudi low-cost carrier Sama Airlines plans to buy 20 airplanes over the next four years from either Boeing or Airbus, its chief commercial officer said on Monday.

American Airlines may buy equity in JAL

American Airlines, the world’s second-largest carrier, may buy equity in Japan Airlines Corp. to prop up an ally that forecasts its fourth loss in five years, people familiar with the plan said.

Lufthansa completes takeover of Austrian Airlines

FRANKFURT - German flagship airline Deutsche Lufthansa AG has concluded its takeover of Austrian Airlines AG, the airline said Thursday.

Airlines to buy synthetic fuel from Rentech

Delta Air Lines Inc., AMR Corp.’s American Airlines and six other U.S. carriers agreed to buy as much as 1.5 million gallons a year of Rentech Inc.’s diesel fuel made from plant waste.

Virgin America to buy Frontier’s Airbus planes

California-based airline Virgin America Inc.

Battle for Frontier Airlines heats up

The airline auction battle for bankrupt Frontier Airlines picked up a headwind today as Southwest bid $170 million for the carrier.

Republic Airways completes Midwest Airlines purchase

Republic Airways Holdings has completed its acquisition of Midwest Airlines.

Southwest to bid $113.6 million for Frontier Airlines

Southwest Airlines Co. said Thursday it is preparing a $113.6 million bid to purchase Frontier Airlines as part of a U.S.

Air Jamaica to be bought by Spirit Airlines

The owners of discount-carrier Spirit Airlines will purchase Air Jamaica, renaming the money-losing government-owned carrier Spirit of Jamaica, according to the Jamaica Gleaner.

Under bankruptcy plan Republic Airways to buy Frontier Airlines

Frontier Airlines would become a subsidiary of Republic Airways under a bankruptcy reorganization plan announced Monday afternoon.

United Airlines plans on new aircraft purchase

As soon as this fall, United Airlines, a unit of UAL Corp. (UAUA), plans to place a substantial order with either Boeing Co.

Lufthansa closes in on Austrian Airlines takeover

VIENNA — More than 85% of Austrian Airlines' shareholders have accepted a public takeover offer by Germany's Lufthansa AG, the struggling carrier said Tuesday.

Lufthansa offers EU remedies in Brussels Airlines bid

Deutsche Lufthansa AG, Europe’s second-largest airline, offered European Union regulators concessions in a bid to win approval for its plan to acquire a stake in Brussels Airlines.

Malaysia Airlines plans airline buy

KUALA LUMPUR - Malaysia Airlines (MAS) is looking at an airline purchase as it has a cash surplus, a local newspaper said on Thursday, citing a top company official.

El Al in talks to buy Montenegro Airlines stake

PODGORICA - Israel's El Al is in talks to buy 30 percent of state-owned Montenegro Airlines, officials from the two airlines said on Monday.

Marfin Invest’s offer for Olympic Airlines accepted by Greece

Marfin Investment Group SA, the investment firm backed by Dubai Financial LLC, has been chosen by Greece to buy its unprofitable flag carrier Olympic Airlines SA.

Lufthansa’s Austrian Airlines purchase probed by EU

European Union regulators began an in-depth investigation into whether Austria’s restructuring and sale of Vienna-based Austrian Airlines AG to Deutsche Lufthansa AG conform to EU rules on state sub

Travelzoo purchases Fly.com domain name for US$1.8 million

NEW YORK, NY - Travelzoo, a global Internet media company, announced today that it has purchased the Internet domain name fly.com for $1,760,000 in cash.

Air China says parent may buy small Wuhan carrier

SHANGHAI - Flag carrier Air China said on Tuesday that its parent group was starting preliminary talks on the possible acquisition of East Star Airlines, a small private carrier based in the central c

Qatar Airways has not bid for Olympic – exec VP

DUBAI - Qatar Airways has not bid for Greece's state-owned Olympic Airlines, an executive said on Sunday, adding the Gulf Arab firm was also seeing some trouble obtaining financing for plane purchases

Air France to Buy 25% of Alitalia for EU323 Million

Air France-KLM Group, Europe’s biggest airline, agreed to pay 323 million euros ($432 million) for 25 percent of Alitalia SpA, beating Deutsche Lufthansa AG for a stake in the reorganized Italian ca

Japan’s ANA to scrap plans to buy Airbus A380

TOKYO - All Nippon Airways, Japan's second-biggest airline, will scrap plans to buy Airbus' A380, as it and bigger rival Japan Airlines slash capital spending, the Yomiuri newspaper reported on Monday

Lufthansa resumes talks to buy SAS stake

FRANKFURT - Deutsche Lufthansa has resumed talks on buying a stake in Scandinavian airline SAS, according to the industry sources. Talks could be concluded in 2009.

Philippines: Tourists targeted for condos

Manila, Philippines - The government is working with property developers to sell condominium units as second homes for foreign tourists in a bid to boost repeat visits, the Tourism department said in

Hawaiian Airlines to add two new Airbus A330s

HONOLULU - In a significant first step of its long-range fleet plan, Hawaiian Airlines today announced the acquisition of two new wide-body Airbus A330-200 aircraft that will accelerate the start of t

American Airlines to buy Boeing 787s

DALLAS - American Airlines says it will buy 42 Boeing 787-9 jets as part of a move to improve the fuel efficiency of its fleet.