Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Neuberger Berman raises $1.95B to co-sponsor SPACs, Eve signs LOI with Global Crossing Airlines, and Rubicon enters into three year partnership with city of Houston
Neuberger Berman Raises $1.95 Billion to Co-Sponsor SPACs
Asset manager Neuberger Berman has collected $1.95 billion for a debut fund to sponsor SPACs alongside CC Capital Partners, a private investment firm formed and led by ex- Blackstone Inc. ...READ MORE
German Airways has ended its relationship with EGO Airways. Meanwhile, Luxair will lease a German Airways Embraer 190 on its European route network. Due to the foreseeable resumption of leisure travel, the airline needs additional capacity on longer routes for the summer season 2022 in order to meet the expected high demand. From mid-May, the […]
Air Dolomiti, the Italian airline company of Lufthansa Group, is growing again. Two Embraer 195s have been confirmed and will arrive in the coming weeks. With the registrations of I-JENB and I-ADJZ. The jets add to the 15 already in the fleet, bringing the number to a total of 17: a positive sign that shows a new opening to the […]
Embraer announced today, during the MRO Middle East event in Dubai, that it has signed a comprehensive long-term services agreement with Air Peace, Nigeria and West Africa’s largest airline, to support the airline’s E195-E2 and ERJ 145 fleets. The contract includes access to the Pool Program, which includes component exchanges and repair services for hundreds […]
German Airways will operate and wet lease two Embraer 190s for ITA Airways from Milan (Linate). The aircraft will fly ITA Airways flights from LIN to London City, Geneva and Luxembourg starting on March 28, 2022. In other news, German Airways continues to expand its fleet. Four more Embraer E190 LRs will strengthen the aircraft […]
Scandinavian Airlines-SAS is transferring 27 unprofitable routes to two new lower-cost subsidiaries (SAS Connect and SAS Link): 13 routes from Copenhagen Kastrup and 14 routes from Stockholm Arlanda, according to Dagens Nyheter. The company says it must lower its costs in order to remain competitive. SAS Connect (Stockholm-Arlanda) will operate Airbus A320s. Nine A320s have […]
El Al Israel Airlines has announced it has signed a Memorandum of Understanding (MOU) to acquire rival Arkia Israel Airlines. El Al’s board also approved the acquisition. Arkia was founded in 1949 as Israel Inland Airlines. Top Copyright Photo: Arkia Airlines Embraer ERJ 190-200LR (ERJ 195) 4X-EMA (msn 19000172) MUC (Gunter Mayer). Image: 956684. Arkia […]