News / MNG Airlines looking for carrier acquisition targets as it eyes a SPAC merger

Turkey’s MNG Airlines is looking to acquire an airline in the US or Europe, it told potential investors yesterday.

And Freightos is not the only logistics company looking to go public via a SPAC – MNG is hoping to become the third Turkish company to be listed on the New York Stock Exchange, via a merger with Golden Falcon Acquisition Corp, a ‘blank cheque’ company founded in 2020.

The deal is expected to close in the first half of next year and ...