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Consortium wants to provide SAS with $1,21 billion

The Scandinavian airline SAS is to receive fresh financing amounting to $1,21 billion from a consortium that also includes Castlelake, which specializes in sale and leaseback transactions. The association of investors consists, among other things, of:

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Jet Airways: Liechtenstein freezes investor funds

In Liechtenstein, assets of an investor in the Indian airline Jet Airways were frozen. Previously, there were raids on properties in Austria, Liechtenstein and Switzerland, reports Bloomberg. The former Etihad Airways holding should have been in for a long time

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Volocopter collects another 182 million euros

The drone startup Volocopter was able to collect around 182 million euros from investors in the second signing of the E series. The funds are to flow into the certification of the VoloCity and the inclusion of the first commercial routes. "NEOM and

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Air France-KLM sells stake in Apollo Global

Air France-KLM received billions in state aid to survive the CoV crisis reasonably well. These should also be paid back. For this reason, the airline is selling shares in a maintenance division to the financial investor Apollo Global. 500 in total

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Schauinsland-Reisen participates in start-up

The tour operator is investing in the Traveltech provider, which develops solutions for capacity management and price control. According to its own information, Airxelerate offers a cloud-based distribution platform for the airline market, which enables a direct connection to tourism partners and B2B customers. Airlines

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