Articles tagged “m and a”

Wow Air Moves On After Frontier Owner Bails on Talks

Wow Air Moves On After Frontier Owner Bails on Talks

Patrick Whyte, Skift

If Indigo Partners isn't willing to invest, we're betting that things don't look pretty at Wow Air. Will the struggling carrier survive?

15 hours ago

Lastminute.com Goes After TUI With Vacation Push

Lastminute.com Goes After TUI With Vacation Push

Patrick Whyte, Skift

While traditional tour operators might not offer the flexibility that Lastminute.com does with its package vacations, they do have an advantage in terms of exclusivity.

4 days ago

TUI Group Sells Its Only Non-Charter Airline

TUI Group Sells Its Only Non-Charter Airline

Patrick Whyte, Skift

TUI's charter airlines remain an essential part of the overall tourism business, but Corsair has never been a good fit. The German tourism giant has tried to sell the carrier before and has finally found a buyer.

5 days ago

Does a Tour Operator Really Need Its Own Airline?

Does a Tour Operator Really Need Its Own Airline?

Patrick Whyte, Skift

TUI clearly thinks having an airline is crucial, but what about its big rival Thomas Cook?

5 days ago

Lufthansa Looks at Taking Over Thomas Cook-Owned Airline Condor

Lufthansa Looks at Taking Over Thomas Cook-Owned Airline Condor

Patrick Whyte, Skift

Lufthansa sees Condor as a good fit for its existing business. The question is would Thomas Cook split up its airline, and would competition regulators allow it?

1 week ago

Why Cathay Pacific Now Wants a Piece of the Low-Cost Market

Why Cathay Pacific Now Wants a Piece of the Low-Cost Market

Kyunghee Park and Natalie Lung, Bloomberg

To paraphrase economist John Maynard Keynes, when the facts change, you've got to be prepared to change your mind.

1 week ago

Expedia CEO Rips Hilton’s ‘Stop Clicking Around’ Campaign As Misguided

Expedia CEO Rips Hilton’s ‘Stop Clicking Around’ Campaign As Misguided

Patrick Whyte, Skift

We're pretty sure Hilton chief Chris Nassetta would disagree.

2 weeks ago

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?

1 month 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.

2 months 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.

3 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.

3 months ago