Turkish Airlines is assessing Ireland’s 75-year-old former flag carrier and is “very interested”…though could only hold a 49 percent stake in it because it is based outside EU. It could buy the government’s stake or form a partnership with another airline.
At some point in the near future, all airlines in the world will be owned by one of the global four: Emirates, Etihad, Qatar, and Turkish Airlines. Turkish just pulled out of a bid for Polish LOT Airlines.
IAG CEO Willie Walsh Remade European Aviation: Now He’s Retiring
Executive Q&A: How Singapore Airlines is Staying Committed to Sustainability
Can Wellness Find Its Way Into the Cramped Confines of Economy Class?
Ireland’s Tourism Success Is Under Threat by Brexit: A Skift Deep Dive
Secret Escapes Boosts European Reach With Irish Acquisition