Cargologic Germany is declared insolvent
Another sad nail in the coffin for a Russia-affiliated freighter airline. Almost as quickly as ...
Struggling Jet Airways has invited potential investors to take on as much as 75% of the business. Bids must be received by April 10 and bidders must have had net worth of at least $144m in the previous financial year, or three years’ experience in the airline business. Consortia must have no more than three members, taking a share of at least 15% each. Bloomberg reports.
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