Jat Tehnika sale finalised

GLOBAL AVIATION NEWS

Condor makes Airbus order

German leisure airline Condor said it would order sixteen Airbus A330neo jets to replace its existing wide-body fleet of Boeing 767 aircraft. "The first aircraft is expected in autumn 2022, whilst the replacement of the entire long-haul fleet is scheduled to be completed by mid-2024. As the German launch customer for the Airbus A330neo, Condor is thus focusing on latest technology, maximum efficiency and the highest level of customer comfort", Condor said. It did not say how it would acquire the planes but market sources said it was expected to buy an unspecified number from Airbus with the rest to be rented from leasing companies. The deal comes a day after EU regulators approved 525.3-million euros in German aid for Condor that will help the airline restructure after an earlier decision was annulled by a European court. It follows a competition between Airbus and Boeing to provide the A330neo or Boeing 787 to Condor, the sources said. Condor has a mixed fleet of planes from both planemakers but relies solely on its ageing 767s for long-haul needs. The A330neo is an upgraded version of the A330 passenger plane with recent Rolls-Royce RR.L engines. It competes with the newer but more expensive Boeing 787 Dreamliner. Sources said the deal will provide a home for undelivered A330neo jets originally earmarked for Indonesia's Garuda or Malaysia’s AirAsia. Both carriers are debt-strapped and their finances have worsened during the pandemic, raising doubts over A330neo deliveries. Airbus is also in talks to replace Boeing jets at another European leisure carrier, British airline and holiday group Jet2. If confirmed, the deal could involve the purchase of around 50 Airbus jets, worth some $5 billion before industry discounts of at least 50%. But while Airbus is seen as a front-runner, talks between Jet2 and suppliers are said to be ongoing.
Source: Reuters

Jat Tehnika sale finalised

NEWS FLASH

The sale of Jat Tehnika to the Czech-owned Avia Prime has been officially approved. The Serbian Ministry for Economy said a 99.4% stake in the maintenance company was purchased for 10.299.907 euros. The only other entity to have purchased the tender documentation during the tender process was Switzerland’s SR Technic, which has a Shared Services Centre in Belgrade, however, it ultimately did not bid for Jat Tehnika. Avia Prime also owns maintenance companies Adria Tehnika in Slovenia and Linetech Holding in Poland. Avia Prime itself was purchased by the Hartenberg Holding fund in November 2017, which was founded by the Czech Prime Minister Andrej Babiš.

Comments

Unknown12:43
Hahaha, opet neka teska mucka. "Founded by Andrej Babis". ^^https://www.euronews.com/2019/11/16/thousands-expected-at-prague-protest-against-czech-pm-andrej-babis
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Petar Čelik14:30
vučić reššššio
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Anonymous00:19
Another hidden criminal
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Jat Tehnika sale finalised

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