Reuters
Airbus and Air France-KLM have completed the creation of Alpha Component Solutions, an equally owned joint venture providing component maintenance and support to A350 operators worldwide. The venture has begun operations, with contracts covering more than 500; the available reports do not specify what that figure counts.
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Airbus and Air France-KLM have completed the creation of Alpha Component Solutions, an equally owned joint venture providing component maintenance and support to A350 operators worldwide. The venture has begun operations, with contracts covering more than 500; the available reports do not specify what that figure counts.
Danantara Indonesia COO Dony Oskaria said the proposed merger of Garuda Indonesia and Pelita Air will proceed only after both carriers improve their business performance. The condition leaves consolidation contingent on a turnaround at each airline, rather than setting a merger timetable.
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The Federal Communications Commission approved Amazon’s purchase of U.S. satellite operator Globalstar, clearing a key regulatory hurdle for Amazon Leo’s communications network. The deal is valued at about $11.5 billion and is intended to accelerate Amazon’s entry into direct-to-device connectivity as it builds a network to compete with SpaceX’s Starlink.
The Federal Communications Commission has approved Amazon Leo’s $11.57 billion deal to acquire Globalstar. The decision marks a regulatory milestone for the transaction, bringing the satellite businesses under a proposed combination with a value of more than $11.5 billion.
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Elon Musk said SpaceX and Tesla have created special board committees to discuss a possible combination. He said he cannot intervene in their deliberations and described the committees as comprising independent directors, though the report characterizes the boards as closely aligned with him.
ANA Holdings is considering options for its partnership with RegionalPlus Wings, the parent company of domestic operators Air Do and Solaseed Air, including a possible increase in its shareholding. The airline group did not confirm plans to raise its stake.
ANA Holdings is weighing a larger investment in the company behind regional carriers Air Do and Solaseed Air. The report does not specify the size, timing or terms of any potential increase, leaving the implications for ownership and the airlines’ operations unclear.
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