Icelandair to launch Lisbon service
June 26, 2024
Icelandair plans to add Lisbon to its route network this winter, with flights starting from 11 October. The carrier says it will serve the Portuguese capital at twice-weekly frequency. It has also signed a memorandum of understanding with Portuguese flag carrier TAP to work towards a codeshare agreement. "We are very excited to announce Lisbon as the latest addition to our extensive route network and at the same time, increase our partnership with TAP," states Icelandair chief Bogi Nils Bogason.
German regulator clears SAS ownership change
June 25, 2024
Germany’s competition regulator, the Bundeskartellamt, has approved the restructuring of SAS's ownership as it emerges from bankruptcy protection in the USA. Having examined the deal, with a particular focus on its impact on scheduled service to and from Germany, the regulator found that it had “no competition concerns about the project”. Andreas Mundt, president of the Bundeskartellamt, states that: “It is not to be expected that competition will be seriously affected on short- and medium-haul routes from Germany to destinations in Europe or on long-haul routes to the US and Asia or vice versa.” SAS is currently working through a Chapter 11 restructuring process. The carrier has selected a consortium consisting of investment company Castlelake, Air France-KLM, the state of Denmark and investment company Lind Invest as its new owners. As part of the deal, with the company undergoing court-supervised restructuring in the USA, existing shareholders and some creditors will see their value in the company wiped out, while others will see just a "modest recovery".
Condor agrees interline deal with Flydubai
June 24, 2024
Condor has signed a reciprocal interline agreement with Flydubai, allowing passengers of the German carrier to access additional connecting flights to destinations in Africa, the Middle East, Central Asia and Southeast Asia from Dubai. Under the deal, guests will be able to travel on a single ticket and can have their baggage checked through to their final destination on all connecting flights operated by Condor and Flydubai, Condor says. "By expanding our partnerships, we are providing our customers with even better connections to other destinations around the globe. Flydubai is another important partner for reaching 22 worldwide destinations via the Dubai hub," says Condor's chief executive Peter Gerber.