Etihad Airways, is looking at more investments in other airlines, as it continues to increase its network through organic growth and strategic partnerships. The airline is currently engaged in three major transactions – the acquisition of 24 % of India’s Jet Airways, a 49% stake and management contract in Air Serbia, and increasing equity in Virgin Australia from 10% to a target of 19.9%.
The lack of air connectivity among the islands of the Caribbean remains one of the tallest barriers to unlocking the full potential of the region’s tourism market, the head of the Latin American and Caribbean Air Transport Association (ALTA) told ATW’s sister publication Aviation Daily....More
Passenger traffic in Latin America is expected to grow between 5%-10% per year over the next 10 years, but this growth could be hampered by lack of government investment in infrastructure, air traffic control systems and airports, industry leaders said at the ALTA Pan American Aviation Safety Summit....More
IATA’s incoming chief pledged to continue driving forward key global airline initiatives and to be a “tireless advocate” for the industry in remarks after he was officially confirmed as the association’s next director general and CEO....More