Articles tagged “m and a”

Secret Escapes Boosts European Reach With Irish Acquisition

Secret Escapes Boosts European Reach With Irish Acquisition

Patrick Whyte, Skift

Secret Escapes continues its acquisition spree. The question is what comes next: Will it opt for an IPO or might a buyer be waiting in the wings?

2 weeks ago

Virgin Atlantic Steps In to Save Flybe

Virgin Atlantic Steps In to Save Flybe

Patrick Whyte, Skift

It's good news for regional passengers who rely on Flybe's services, but Virgin Atlantic will have plenty of work to do to make sure it can make the most of a combined long-haul, short-haul operation.

1 month ago

Struggling Norwegian Thinks It Is in Better Shape for 2019

Struggling Norwegian Thinks It Is in Better Shape for 2019

Patrick Whyte, Skift

From the sounds of it, Norwegian's next earnings update won't be pretty but it will be hoping that it has done enough cost-cutting to put it on a sounder footing in 2019.

2 months ago

UK’s Gatwick Airport Sold to French Firm

UK’s Gatwick Airport Sold to French Firm

Andrew Noël , Bloomberg

Gatwick Airport is in the news for a reason other than drones that created lots of negative headlines over Christmas. Vinci is hoping to use its Gatwick investment to build upon its growing airports portfolio, and has vowed to follow through on big investment plans for the UK's second busiest airport.

2 months ago

United to Buy Stake in Regional Airline

United to Buy Stake in Regional Airline

Justin Bachman, Bloomberg

This all fits in with United's domestic strategy and will give the airline more say in the operation of some of its shorter routes.

2 months ago

Air China Looked Into Buying HNA’s Airlines

Air China Looked Into Buying HNA’s Airlines

Bloomberg

Hainan Airlines is in many ways HNA's flagship brand, so selling it off would be an admission of defeat. The company's vociferous denial implies it wants to keep hold of it, but with debts of $78 billion, will it have a choice?

2 months ago

Virgin Atlantic Explores Flybe Acquisition

Virgin Atlantic Explores Flybe Acquisition

Patrick Whyte, Skift

Virgin Atlantic's Little Red domestic brand was not a success. It seems strange then that the carrier is exploring a bid for a short-haul airline, which has had its own struggles in recent years.

3 months ago

Thailand’s Minor International Targets Indian Hotel Chain

Thailand’s Minor International Targets Indian Hotel Chain

Natnicha Chuwiruch and Gillian Tan, Bloomberg

If this goes through, it'll be another addition to the expanding Minor Hotels portfolio.

3 months ago

Anbang Steps Up Attempt to Sell Luxury Hotels Portfolio

Anbang Steps Up Attempt to Sell Luxury Hotels Portfolio

Gillian Tan, Bloomberg

Like HNA, Anbang is busy trying to get rid of the assets it bought during its well-publicized acquisition spree. Finding a new home for the group of properties formerly known as Strategic Hotels, shouldn't be too difficult.

3 months ago

Icelandair to Buy Rival Wow Air

Icelandair to Buy Rival Wow Air

Patrick Whyte, Skift

This looks like a marriage of convenience for the carriers. Both are struggling, as is the wider Icelandic tourism industry. We'll have to wait and see whether one is better than two.

4 months ago

Delta and EasyJet Show Interest in Alitalia Bid

Delta and EasyJet Show Interest in Alitalia Bid

Chiara Albanese and Christopher Jasper, Bloomberg

EasyJet's bid makes sense but Delta is a bit more of a curve ball. Could Alitalia enjoy success with multiple shareholders?

4 months ago

British Airways Owner Hasn’t Quite Given Up Hope on Landing Norwegian

British Airways Owner Hasn’t Quite Given Up Hope on Landing Norwegian

Patrick Whyte, Skift

Willie Walsh loves a deal and it sounds like he is still keen. If Norwegian can sort out a cash injection, then a potential acquisition is even more attractive.

4 months ago