Mergers and Acquisitions

Airlines

How Latin America Is the Future of the Airline Industry

No part of the world is seeing as many big changes to the airline business as Latin America. The final shape is still opaque, but one thing is clear for the region's aviation industry: All eyes are watching closely for how this transformation unfolds.

How Latin America Is the Future of the Airline Industry

News Blog

WestJet’s Proposed Sunwing Deal Raises Competitive Concerns

Canada's Competition Bureau has potentially thrown cold water on WestJet's proposed purchase of leisure and tour competitor Sunwing Airlines. In its report Wednesday, the regulator said the deal "would likely result in increased prices, less choice and decreases in service for Canadians." It identified 31 routes between Canada and the Caribbean and Mexico where competition…

News Blog

TripAdd Acquires Chatbot Startup Eddy Travels to Boost User Recommendations

Eddy Travels, a digital travel assistant service founded by entrepreneur Edmundas Balcikonis, is being acquired by TripAdd, a New York-based travel product provider, a subsidiary of the Blue Ribbon Bags group, the world’s leading service for lost luggage tracking. TripAdd hopes to bolster revenues through personalized bundle recommendations for users. Financial details of the deal,…

Airline Weekly

Air France-KLM and Delta Emerge Victors in Italy

European consolidation got a leg up last week, but not in the way many expected: Italian authorities named the offer from private equity firm Certares with Air France-KLM and Delta as their preferred bidder for ITA Airways instead of frontrunner the Lufthansa Group.

Air France-KLM and Delta Emerge Victors in Italy

Airline Weekly

European Airline Consolidation

Edward Russell and Jay Shabat discuss Lufthansa's history of acquisitions and expansion, and what a potential ITA Airways deal could mean for the group.

European Airline Consolidation

Mergers and Acquisitions

Heathrow Owner Ferrovial Eyes Sale of Its 25 Percent Stake in Airport

Reportedly unhappy with the airport's passenger caps, this could mark the end of a 16-year investment relationship.

Heathrow Owner Ferrovial Eyes Sale of Its 25 Percent Stake in Airport

Airlines

The JetBlue-Spirit Airline Union: Let the Lawyering Begin

JetBlue has the takeover deal it wanted. But before getting control of its rival Spirit, Washington will need to give its green light. Here are the ways this could unfold.

The JetBlue-Spirit Airline Union: Let the Lawyering Begin

Airlines

Spirit Rejects Frontier and Continues JetBlue Talks

Today’s edition of Skift’s daily podcast looks at the latest in Spirit’s takeover, Colombia’s tourism revamp, and Wyndham’s revenue strategy.

Spirit Rejects Frontier and Continues JetBlue Talks

Airlines

Spirit Says Merger With Frontier Is Off as Negotiations With JetBlue Continue

Spirit rejecting Frontier's merger deal is stunning considering Spirit had given indications it preferred a merger with Frontier after JetBlue's repeated offers.

Spirit Says Merger With Frontier Is Off as Negotiations With JetBlue Continue

News Blog

MGM in Talks With Genting for Potential Purchase of Resorts World Sentosa

Casino-resort Genting Singapore is in talks with bidders for the purchase of Resorts World Sentosa and US-based MGM Resorts International is one of the top contenders, according to Bloomberg reports. While MGM’s recent talks with Malaysia’s Lim family, that owns 53 percent stake in Genting Singapore, failed to yield an agreement, the Singapore-based casino operator…