Lufthansa is expected to launch a full takeover bid for Italian regional airline Air Dolomiti, following approval from Austrian, German and Italian competition authorities for it to acquire a majority stake. In early March the German flag carrier bought an additional 31.2% of Air Dolomiti's stock for €40 million ($43 million) to take its holding to 51.7%. Lufthansa is now expected to acquire the remaining shares within weeks.
Source: Flight International
Wizz Air is aiming to operate no wet-leased aircraft by the end of October after Pratt & Whitney achieved faster-than-expected turnarounds of some of the PW1000G engine inspections that have been grounding a significant proportion of its fleet
AirAsia X is aiming to complete the acquisition of sister company AirAsia Aviation by December, as both companies eye a “new era” following its completion.
Japan’s two largest carriers reported a drop in profit for the April-June quarter, despite seeing an increase in revenues.
