Articles tagged “m and a”

Airlines

Former Thomas Cook Unit Condor Sold to Polish Airline Group

The deal secures Condor's immediate future. But can a small carrier group really hope to compete against the might of Lufthansa and low-cost carriers such as Ryanair?

Former Thomas Cook Unit Condor Sold to Polish Airline Group

Airlines

British Airways Owner IAG Makes Offer for Spanish Airline Air Europa

It's easier to understand IAG CEO Willie Walsh's sanguine tone on last week's earnings call given he clearly had this deal in the pipeline. If it goes through — and it's still a big if given the competition concerns — it will ease the pain of Delta's recent Latam deal.

British Airways Owner IAG Makes Offer for Spanish Airline Air Europa

Business Travel

Debt, Egos and Bad Decisions: How Thomas Cook Failed to Adapt to a New Era of Travel

Thomas Cook's collapse was a disaster played out in slow motion. An ill-fated acquisition spree, a bloated retail footprint, and a commoditized product left it unable to deal with changes in consumer behavior and economic shocks.

Debt, Egos and Bad Decisions: How Thomas Cook Failed to Adapt to a New Era of Travel

Business Travel

Can Thomas Cook’s Surviving Brands Find New Homes?

Thomas Cook wasn't just a UK business: It had operations across Europe, some of which were pretty profitable. They're now in a race against time to secure their future and find new owners.

Can Thomas Cook’s Surviving Brands Find New Homes?

Airlines

Air France May Play a Part Rescuing Country’s No. 2 Airline

Slots are a valuable commodity, especially at busy airports like Orly. Aigle Azur's demise offers Air France an opportunity to increase its presence at Paris' second largest airport, but other airlines will likely be interested as well.

Air France May Play a Part Rescuing Country’s No. 2 Airline

Business Travel

How Sunweb Is Taking On Europe’s Biggest Tour Operators

Package holidays are still popular across much of Europe, and companies like Sunweb think there are plenty of opportunities for growth. Buying up rival tour operators helps with scale, as does the struggles of a competitor like Thomas Cook.

How Sunweb Is Taking On Europe’s Biggest Tour Operators

Business Travel

Cox & Kings to Sell Businesses to Raise Much-Needed Cash

With the hostel market still so fragmented, the Meininger business would make an attractive option for one of its rivals or perhaps a private equity firm.

Cox & Kings to Sell Businesses to Raise Much-Needed Cash

Business Travel

Imperiled Thomas Cook in Talks to Sell Nordics Division

Given that Thomas Cook released a statement about the potential sale, this looks pretty serious. But it begs the question: Just what will Thomas Cook have left if and when it sells its airlines and Nordics divisions?

Imperiled Thomas Cook in Talks to Sell Nordics Division

Airlines

Ryanair Ready to Pounce on Opportunities From Pending Airline Mergers

It looks like Ryanair is preparing itself for a major shakeup of the European airline industry. We've heard it talk about struggling competition before, but things are getting much tougher out there.

Ryanair Ready to Pounce on Opportunities From Pending Airline Mergers

Airlines

British Airways Parent Isn’t Interested in Buying Thomas Cook’s Airlines

Despite playing a key role in European airline consolidation over the last few years, it seems IAG's arch dealmaker Willie Walsh is now happy to sit back and let others fight it out.

British Airways Parent Isn’t Interested in Buying Thomas Cook’s Airlines