ch-aviation
• Daniel Martinez Garbuno
Aegean Airlines has denied reports or speculation that it intends to acquire Volotea. The statement addresses potential consolidation involving two European carriers, but the available reporting provides no further details on the source or circumstances behind the claims.
M&A
Latest source-backed stories
Aegean Airlines has denied reports or speculation that it intends to acquire Volotea. The statement addresses potential consolidation involving two European carriers, but the available reporting provides no further details on the source or circumstances behind the claims.
L’imad Holding, the Abu Dhabi sovereign investor whose portfolio includes Etihad Aviation Group, is reportedly considering an offer for a stake in Atlas Air Worldwide Holdings, parent of Atlas Air. Discussions are at an early stage, and any transaction could value the airfreight group at $10 billion or more.
Six prospective buyers have moved forward in the privatization of Azores Airlines, advancing a state-led process for the Portuguese carrier. The development signals continued interest in ownership changes and consolidation opportunities within Europe’s airline sector.
Canadian seaplane operator Harbour Air will acquire Pacific Coastal Airlines, creating a group whose combined fleet will serve 25 communities across British Columbia. The airlines will retain their independent brands while operating under a shared group structure and single loyalty program.
High activity
Swissport has signed a binding agreement to acquire a majority stake in Giraldo Hermanos International, marking the ground-services provider’s entry into Colombia. The deal expands Swissport’s Latin American footprint across passenger and cargo handling, subject to regulatory approval.
VIG Partners is in discussions over acquiring control of South Korean airline Air Premia, according to the report. The potential transaction could alter the carrier’s ownership structure and strategic direction, although the available information does not disclose the proposed terms, valuation or status of negotiations.
GE Aerospace CFO Rahul Ghai said the engine maker does not view broad vertical integration as the answer to aerospace supply-chain constraints, despite agreeing to acquire castings supplier Consolidated Precision Products for $11.75 billion. The deal reflects a targeted approach to securing critical manufacturing capacity.
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