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Aviation Top Stories
Singapore Airlines Ltd (SIA) today said it would emerge as a 25.1% owner of Air India, as part of a deal that would merge its Vistara full-service airline joint venture with Tata Sons, into India’s national carrier. SIA will invest USD 250 million into Air India as part of the transaction, the Singaporean carrier said […]Continue Reading
Aviation Top Stories
Germany raised 760 million euros (USD 760 million) from the sale of the state’s full stake in Deutsche Lufthansa AG, unwinding all of the holding it took to keep the flagship carrier afloat during covid-19 lockdowns. The country’s Economic Stabilization Fund, or WSF, disposed of its remaining 9.92% of Europe’s largest airline via a placement […]Continue Reading
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