Arrivederci Alitalia!

It would appear that the inevitable has finally happened, with the announcement by Alitalia’s board, after a shareholder meeting held today, that they have formally requested that the company be placed into administration and either sold or liquidated.

The Nordic’s flagship SAS sees two of its government shareholders reduce their stake – could this lead the way for a takeover?

Yesterday saw the announcement that the Swedish and Norwegian governments had reduced their shareholding in the region’s flagship airline to 17.2 per cent and 11.5 per cent, respectively, however the Danish government at this point has not shown any inclination to join in and sell any of its 14.2 per cent holding.

Another low blow for the flying kangaroo

Australian airline Qantas announced record losses in its latest set of financial results, but is looking ahead to a brighter future

Yet more evidence that budget airlines continue to fly high

We have recorded more than $5bn worth of deals since the global recession kicked in involving budget or low cost airlines, and their popularity continues to be demonstrated by growth in passenger numbers and revenue from existing low-cost carriers and the ongoing launch of new carriers offering new routes.

When a rumoured deal isn’t quite a rumoured deal

If you were to run a search in Google today looking for articles relating to a possible “Merger of Finnair and Scandinavian Airline Systems (SAS)”, then you would return a significant number of hits.