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British Airways said Friday that it plans to raise £600 million ($985 million) in cash “to ensure it has strong liquidity” to enable it to manage through “the current difficult trading conditions.” Link to the original site No tags for this post. Aer Lingus on Friday named Christoph Mueller CEO, replacing Dermot Mannion, who stepped down in April. Link to the original site No tags for this post. Lufthansa last week shared with the European Commission a revised offer for its proposed takeover of Austrian Airlines Group, but it was unclear whether the German carrier had made enough concessions to satisfy EU antitrust regulators. Link to the original site No tags for this post. Indian Civil Aviation Minister Praful Patel said the government is strongly considering providing a INR25 billion ($512 million) capital injection to Air India. Link to the original site No tags for this post.
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