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Pegasus-Smartwings deal centers on Istanbul and Prague hubs
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Korean Air to complete $579 million buyback of remaining 80% of catering and duty-free business
Korean Air is scheduled to close its acquisition of the remaining 80% of Korean Air C&D Service on Nov. 4, 2026, after securing regulatory approval. The $579 million deal would give the airline full ownership of the catering and duty-free services business.
Leonardo’s aerostructures venture talks face geopolitical headwinds as it develops a standalone option
Leonardo continues discussions with a prospective partner on an aerostructures joint venture, but geopolitical headwinds have slowed the plan. The Italian aerospace group is also developing a standalone approach, keeping open an alternative to the partnership while negotiations continue.
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Schiphol seeks 80% stake in Maastricht Aachen Airport, doubling its holding in the Dutch cargo hub
Royal Schiphol Group has offered to raise its stake in Maastricht Aachen Airport from 40% to 80%, leaving Limburg province with 20%. The proposed shift to majority ownership still requires approval from Limburg’s Provincial Council and final agreements between the shareholders.
Royal Schiphol Group plans to raise its Maastricht Aachen Airport stake from 40% to 80%
Royal Schiphol Group intends to double its ownership stake in Maastricht Aachen Airport from 40% to 80%. The reported plan would increase the Dutch airport operator’s influence over the regional airport, though the available report provides no details on timing, transaction terms or the other shareholders.
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